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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 (35498)	3/10/2007 1:57:52 PM
From: onepath	Read Replies (1) \| Respond to of 78419

Me debate zinc with Mr Aloha and nickel with you koan.I may be dumb but I am not that crazy.(much) Want to keep my head.lol So zinc or nickel...I cheated and bought both.<VBG>

To: koan who wrote (35498)	3/10/2007 5:56:36 PM
From: Condor	Read Replies (1) \| Respond to of 78419

But I have to ask, what makes you think zinc is better than nickel. It seems clear to me that nickel is the hands down winner in that contest pitting future zinc shortages against future nickel shortages. What is this? Pitting one against the other. Whats that got to do with anything?

To: koan who wrote (35498)	3/12/2007 1:54:51 AM
From: Mr. Aloha	Read Replies (2) \| Respond to of 78419

I posted my thoughts on zinc and nickel a couple of weeks ago, starting with this post: Message 23317713 Also, nickel has much larger projects in the pipeline than zinc has, in terms of the % of global demand: Message 23318181 I think the nickel shortage has been priced into the metal much more than the zinc shortage has, which is why the Coffin brothers are cautious on nickel and focusing on zinc miners. A little less than 2 years ago, LME nickel inventories dropped down to about 5000 tonnes. Now, they're just under 4000 tonnes. In that same timeframe, LME zinc inventories have dropped down from about 550,000 tonnes to about 90,000 tonnes but zinc hasn't gone up as much in price. Just since June, nickel has gone up from $8 to $20.40 as LME nickel inventories have dropped 12,000 tonnes. Meanwhile, zinc has actually dropped in price while LME zinc inventories have dropped about 140,000 tonnes since June 1. Nickel exploded in price about a year ago as LME nickel inventories dropped critically low: I think zinc is headed for a similar explosion in price when the LME zinc inventories similarly drop critically low, while it's hard for me to see nickel having the same type of price appreciation on top of the huge appreciation it's already had. If hedge funds rotate from nickel to zinc, it could further push zinc to outperform from here. In any case, I'm invested in junior miners of both, though much more heavily weighted to zinc/silver miners. I like the base metals miners that also have precious metals vs. nickel miners which usually don't. In case the global economy tanks and precious metals are the only thing doing well, those miners that also have precious metals should fare much better than those that don't.