3 Producing zinc mines - 4 exploration projects

Development and mining of base metal and precious metal deposits in the Americas.

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Message: Zinc is not doing well

Re: Zinc is not doing well

posted on Jun 23, 2008 11:19AM

Hey Sasa

Zinc is not doing well but neither is lead or nickel. The last rally in Zn started Nov. 06, which was nine months ahead of nickel and a year ahead of lead. Zn peaked in Nov. 06 which was six months ahead of nickel and a year ahead of lead. All three have fallen approx. 55% from those peaks to today. If history repeats itself, ZN would be the first to rise. However, that would depend on how much new supply that was created during the high prices has glutted the market. We may be bottoming out here.

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