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Gold/Mining/Energy : ZINC The base metal. News and Views. Symbol Zn -- Ignore unavailable to you. Want to Upgrade?


To: Roebear who wrote (523)9/23/2003 11:47:26 AM
From: zinc-man  Read Replies (1) | Respond to of 3270
 
I have been using the www.metalprices.com for my general pricing as I am not trading futures...

I do not track live pricing.

StevenO may be of some help.

He seem to be an active trader. I am taking long positions at this time.

With EuroZinc EZM, CZN and BWR all up, I have to wonder...? Exciting, however fundamentals may not support such strong moves at this time. The POZ is still flat, and LME inv's are increasing.

OTOH, Keep a close eye on Redcorp ( RDV.to) they have an exceptional zinc/pm play in BC.
The markets have all but left them for dead. They are discounted due to previous legal, gov't concerns which, in most part, have all been resolved.

In fact, they company is now being favored by the Alaskan and BC govt's as a source for much needed jobs and revenue in the depressed region.

They are currently drilling and expanding their reserves by 25%-35%..
DD is prudent- however, with a permit to mine, increasing reserves and possible improving market conditions, RDV will be a good play in 04-05...

Hope this helps-

ZM