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


To: AuBug who wrote (33419)2/21/2007 3:49:38 AM
From: koan  Respond to of 78416
 
PAX: Good question. I still have all of my PAX. My thinking is twofold re PAX: 1) PAX is going to drill another 40,000 meters next year over its 38KM strike.2) I think zinc inventories start down again.

I thhink the small increases in LME zinc was either delayed selling for tax purposes or Red dog.

But for right now I think one has to concentrate on nickel. This is the big story right now. PAX should linger untill drilling starts in the spring (Yukon 50 below zero in winter ergo no drilling); or zinc takes off.

So, I may sell some PAX and look at some junior nickels like CML, CRO, MUM?? If nickle keep rising and zinc stays flat. One can always move back.

And PMI for tin/tungston sure looks good.

what a crap shoot we have these days. One pop after another.