Friday, September 02, 2016 2:11:27 PM
Reminder: Zinc keeps going up...
...now at 1.07. I am holding Trevali (TV.TO), Heron (HER.TO or HER.ax) and finally, GPM.V as my initial drilling results sweepstakes play.
This is the best page to monitor pricing and view the context of the rally since January (0.70 to 1.07).
http://www.kitcometals.com/charts/zinc_historical_large.html
I also have some silver bull (SVB.TO/SVBL) but this was more of a play on buying a silver project that hadn't rallied at all at the time but they have a lot of zinc as a sweetener so am definitely still holding.
Trevali should still be the go-to-name as the only producing zinc pure play name around. They need higher prices so think the stock could walk down to the $.80 range where there is multi-year support per below.
...now at 1.07. I am holding Trevali (TV.TO), Heron (HER.TO or HER.ax) and finally, GPM.V as my initial drilling results sweepstakes play.
This is the best page to monitor pricing and view the context of the rally since January (0.70 to 1.07).
http://www.kitcometals.com/charts/zinc_historical_large.html
I also have some silver bull (SVB.TO/SVBL) but this was more of a play on buying a silver project that hadn't rallied at all at the time but they have a lot of zinc as a sweetener so am definitely still holding.
Trevali should still be the go-to-name as the only producing zinc pure play name around. They need higher prices so think the stock could walk down to the $.80 range where there is multi-year support per below.
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