SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Silver Bull Resources, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: schuft who wrote (1909)5/29/2008 9:06:25 AM
From: jack102son  Read Replies (1) | Respond to of 5637
 
As I said I do not see a rebound in metals yet and also that the next few months will be tough. The copper will probably go lower too in the next few months.

Zinc can fluctuate around this level or drift a little bit lower (I never bet against the shorts), until they will start writing about the year 2010. We will see what number about surplus/deficit they will put out for next year and also for 2010.

It is also very tough to predict the next few months for the US markets. If they go lower MMG won't stay unaffected.

The world is slowing down and juniors were and I believe that still is the worst place to be, but I am still holding majority of my MMG and will wait thru the summer, despite that I believe that it will go lower. But the value here is just too big. We must wait that the world economy gets back on track. How long we need to wait I don't know.

The most important question is how much money will they need and when. If the price will be below 2 (zinc 0,8) I think banks will be delighted to finance.