Replies to post #3417 on Value Microcaps Junior Miners

[cl001]

Well, San Cristobal is about 1/3 of red dog, I won't treat it lightly. If you add Aljustrel(LMC), Balmat(HBM), Langlois(BWR), we will have 2/3 of red dog coming in the second half of this year.
I am not bearish on zinc. Just want to point out San Cristobal will put the global picture into zinc ore surplus. Smelters will limit the total zinc output so we will still enjoy high zinc price. Just like the current situation with oil and gasoline. Refiners and integrated oil producers are enjoying the most of the profits. I believe similar situation will arrive to zinc in late 2007 if not sooner.
I can't find any zinc smelter pure plays, but integrated producers like HBM will likely to outperform the rest of zinc producers.

BTW, thanks for the link of Canadian warrants.