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dr_airtime

10/03/16 6:30 PM

#32745 RE: dr_airtime #32736

Zinc - $1.10 is level to watch this week!

September correction to $1.00 looks like normal rally correction and zinc keeps going up now at $1.09 today! Just shy of $1.10 multi-year ceiling. Per below $1.10 number is one to watch as if zinc keeps going past there we're officially in a bull market and this is not just a mean reversion rally. Need to look back my notes but Wood Mackenzie (authority on zinc) is forecasting prices to peak at $1.80 to $1.90 in 2018 I believe. If we get a new Zinc ETF out of london hording or similar I'm sure someone will try what they can to push it higher.



dr_airtime

10/06/16 2:59 PM

#32762 RE: dr_airtime #32736

GPM.V + .10/40% - news leak?

..only 77,000 shares traded so who knows? Now back around mid $.30s where I originally bought. Assays in lab. IR said initial drill results to market in early November.

Best undrilled zinc target in the world in the land of lead-zinc giants with current drill program four decades in the making due to social barriers to drilling. Every other major outcropping gossan has been a mine. This is kind of like the Gurrero gold Belt for gold where every major intrustion-at-surface has been a mine (Tore, Cayden Resource, Goldcorp Los Filos,etc.)