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Message: Re: Markets

Aug 27, 2014 10:26AM

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Aug 28, 2014 07:14AM

Aug 28, 2014 09:58AM

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Aug 28, 2014 11:09AM

"In our view, zinc prices will climb to US$1.25 in 2015 and a very lucrative US$1.60-1.70 in 2016,..."

http://www.mineweb.com/mineweb/content/en/mineweb-base-metals?oid=251472&sn=Detail

POZ closed today at $1.06 per pound, so we may be looking at an increase of 18 percent by the end of next year, and another 28-36 percent over the following year, assuming this forecast is correct.

Such moves will have a multiplier effect on zinc producers and discovery-phase companies, even if the prices of related metals stays flat, which is unlikely.

Again, don't be to quick to sell winners in a rising market.

VP


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