Blue Moon Metals Inc (BMOOF)

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Blue Moon Zinc

Can Zinc stay hot in 2018? NAI500 Commentary:

Gilbert Chan February 26, 2018

Zinc leads all the base metals in terms of price rally since midyear last year, why did this happen and can this trend continue in 2018?

Zinc metal market has been in deficit since 2016

The inventory of Zinc continues to be eaten up, with the
supplies look to be down for another year.

Zinc is more or less a “construction & infrastructure” metal, with
the demand increase from China, India and even in USA, it
puts upward pressure on the metal price

Will the Zinc metal price be sustainable in 2018?

The strong global economic recovery looks very likely to continue in 2018, that’s always a good sign for base metals including Zinc
.
Owing in large part to primary mined supply constraints, it will push the refined market balance into an even more substantial deficit position.

No major new Zinc mine productions are in sight