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

To: marcos who wrote (34514)	2/28/2007 8:35:26 PM
From: onepath	Respond to of 78421

DIB.v and PRO.v I kept them both.DIB is about as close as I come to a blue chip(over a buck) lol PRO is acting so well and tied into DIB so I just stay.LTH MMG SPM and BWR.wts pretty well round out the zincs. I culled IZN MMI and PAX. I do covert ZNC thou. KTN.v and MLM.v I boobed and traded myself out and now want them back.Missed on my bid for MLM today and I think one of the two will be back in with luck this week. GOZ.v GGC.v and CUU.v have and all look good. MUG.v other than yesterday the direction is up so I will just wait.Almost split half into FWR.v but I just have to many stocks and I have priorities.(see above) SF.v kick it please(but I have not quit on it) ALZ.v added when they gave me some cheap. RNG.wts sneaking down and I want to add.

To: marcos who wrote (34514)	2/28/2007 10:18:32 PM
From: que seria	Read Replies (4) \| Respond to of 78421

That November comment about zinc demand may be right but supply may not be in deficit, which would explain why stocks such as MMG are lagging. Lone Clone posted this on China supply earlier today: Message 23326784 <snip> "The [zinc demand] figures for 2006 are in the region of 9.2% growth, although it is very difficult to put an exact figure on it. For 2007, I would think we're looking at 9.5% growth," she said, adding: "I would expect the 2008 number to be around the same." She did suggest that going forward this growth would slow. Looking at supply, Hassall noted that China's exports would grow in the short term and this has already begun. During her presentation, the UK-based analyst indicated that Chinese exports grew in the second half of 2006 to 61,000 mt of refined zinc. The first half of 2006 saw net imports of 54,000 mt of refined material. "Zinc demand in 2006 rose by 9.5% to 3.15 million mt with refined output up 15% to 3.19 million mt," she said, adding: "Mine production rose by 12.5% to 2.87 million mt." Concentrate imports to China also rose in 2006, by a staggering 47% the analyst said, to 400,000 mt contained in zinc. Imports of ore in concentrate in the first half amounted to 284,000 mt, while in the second half, imports rose to 554,000 mt. "We are also forecasting a large increase in 2007," she said. However, Hassall did not qualify this number, but noted that China would be in a position to become a net exporter of zinc again. "I expect China to increase its refined zinc output. Outside China, the zinc smelting capacity is not sufficient to treat all the new concentrate coming onto the market," she said, adding: "China is likely to increase imports of concentrate, perhaps dramatically. This means that it will be able to export zinc, in fact it is happening already." The UK-based analyst also noted that between June 2005 and by the end of 2008 some 880,000 mt of new smelter capacity will be available to the market. The article's implication about supply would be debatable if the Chinese are importing concentrate that would have been refined/smelted somewhere else, and are just exporting finished metal that has a different shipping address but not a different quantity in the world market. However, the article's implication of higher supply seems correct if the concentrate/ore wouldn't have been turned into finished product due to lack of smelting/refinind capacity where the ore was mined. Then, shipping concentrate to China would be adding to zinc supply even if not the zinc ore supply. That would make the market look more like the all-seeing discounting mechanism none of us want to believe it is. Others here will have a better idea than I do whether zinc pricing is really more a smelter capacity story than an ore supply shortfall story. I just go on the most authoritative stuff I can read. Seems to me if those stats are accurate, the zinc price debate needs some refining.