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Re: SSKILLZ1 post# 52745

Tuesday, 08/29/2006 11:11:12 AM

Tuesday, August 29, 2006 11:11:12 AM

Post# of 173815
BWLRF, Skillz, just to show there are two sides to every trade decision, I believe this zinc and copper miner is a good buy here...
Fundamentally, BWLRF should have an excellent quarter coming up and the stock should start rising in anticipation. Technically it has dropped back to a rising trendline in an bullish ascending triangle formation.

As for the industry, zinc inventory stocks took another big drop today and they continue to drop on almost a daily level. Pundits do not see world supply exceeding demand for the metal at least through 2009. Historically, metal stocks are strongest in the fall quarter. Labor day weekend is coming up so ready or not, fall is right around the quarter.

http://stockcharts.com/h-sc/ui?s=bwlrf

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