Monty - ZMR, Zinc stocks
ZMR was very liquid a couple of weeks ago. I was buying 50,000 shares at a time, no problem. Must have been motivated sellers (maybe those who bought at 16 cents). Funny how things change. Holding for 60 cents and then I will evaluate how much profit to take and how much to hold depending upward potnetial.
Zinc stocks - I only hold SRZ now. Sold my BWR warrants at 2.30-2.40 a few weeks ago. Sold off BN at a small loss after the recent announcement. I am hoping the Lead production that we get with SRZ will help hold it up. Their presentation indicates a lot of production being brought on stream over the next 10 months from the various mines. I think that should generate an upswing regardless of a potnetial drop in zinc prices. But your right, I am expecting less now.
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
