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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (24602)	11/7/2006 6:44:48 PM
From: Gib Bogle	Respond to of 78417

Any time you can pick a breakout I'll be applauding. But look at the last 5 days trading of LTH. It started at 0.48, bounced up to 0.50 a couple of times and down to 0.42, and finished at 0.455. No sign of any obvious price trend, although volume has been increasing, which is encouraging. There was nothing suspicious about the last move up to 0.50, it was consistent with the action over the previous few days, i.e. just noise. I do own some YZC, by the way. I held onto a small amount when it went down the gurgler earlier this year. It is a long shot. The price of zinc needs to stay up for many years for their mine to be feasible. This price projection for zinc is the big imponderable. Some (like Teck Cominco) are saying it will be at least 5 years before production catches up with demand. Others are predicting just a year or so. Like you, I'm betting on the longer lag time. BTW, shouldn't all this zinc talk be on the Zinc board?