nsomniyak - Zinc Stocks
I still like EZM and it is my largest holding. I think the merger with Lundin is far from a done deal and may take a few twists and turns. Even if the deal goes through, the resulting entity is going to do very well. There are lots of core samples being drilled in new areas of the exhisting mines, and they are prospecting in new areas that hold much promise.
I have been rebuilding my position in Breakwater. Breakwater is still a great value.
HudBay is a great way to play several metals all in one stock.
So EuroZinc, Breakwater, and HudBay are my favorite low risk ways to play zinc. I think Breakwater may have the largest percentage gain from today on.
The reason I say these stocks are a low risk way to play zinc is because they are all very well managed companies, located in "safe?" countries, with verified reserves, and good mine life.
I have stayed away from story companies like Yukon Zinc that have no cash flow from current mines.
As far as the LME inventory going to zero, it seems to be a sure bet.
Good Luck!
Kipp
