ZFX - Zinifex Limited

[Warren Buffet II]

Re: ZINIFEX..ZFX

Hi All,

Another interesting article from ww.kitcometals.com about zinc:

The news was largely good for zinc investors. The world’s top miner of the metal, Teck Cominco, said that it has no plans to open new mines soon. Rather, the company will wait until global zinc stocks drop below 200,000 before looking at new production. London inventories stood at 519,725 tons yesterday. "We're committed to doing whatever we can to make sure the inventories on the LME in zinc continue to decline," CEO Donald Lindsay told Reuters.

The industry’s third-largest zinc producer, Falconbridge, agrees with TC’s assessment. The company said that it has mothballed three zinc projects, with current prices being too low to warrant increased supply. Zinc initially fell a half cent yesterday to near $0.5860/lb, before recovering to a current $0.5915/lb.

Zinifex is already making profit above estimates with current prices, what is going to happen if the price goes up?

WBII

 

[It's Snake Pliskin]

Re: ZINIFEX..ZFX

The price is going up but ZFX appears not to be buying. What do they see that we may not?

 

[chicken]

Re: ZINIFEX..ZFX

The price is going up but ZFX appears not to be buying. What do they see that we may not?

Its not what they see but what you dont see I said this stock will rise but you seem to think there is a reason why the company is not buying...I said its for NO REASON..they buy when someone wants to offload stock..at present its a buy to $4....better believe it...make your research because its up to you if you buy or selll......I say its a buy...as from today in the ASX 100

 

[chicken]

Re: ZINIFEX..ZFX

Check www.kitcometals.com Intresting article...GRANDICH LETTER SPECIAL ALERT>>>>>Intresting read...if you are at all invested in metals....SBM should have an anoucement...if it is good we should see our share price double to 18cents....

 

[Warren Buffet II]

Re: ZINIFEX..ZFX

The price is going up but ZFX appears not to be buying. What do they see that we may not?

I think they are using that strategy to send the price down but looks it is not working anymore. One thing is what they would like the market to do and another is what the market does.

WBII

 

[chicken]

Re: ZINIFEX..ZFX

I think they are using that strategy to send the price down but looks it is not working anymore. One thing is what they would like the market to do and another is what the market does.

WBII

Warren I see zinifex are standing in the market and are buying again..Broker is sitting on his hands....should start rising faster now as in ASX100.....will get intresting....from now on as far as going back under $3 I WISH,I WISH I think we can wish but should go closer to $4 that is what Macquarie said...buy up to $4....

 

[chicken]

Re: ZINIFEX..ZFX

See ASX shortsells...Shorts have nearly disappeared a sign the share will rise...this stock will see some action before the 30thJune I expect a good announcement....

 

[tech/a]

Re: ZINIFEX..ZFX

Actually its a sign that the stock HAS risen.

And they will return when the stock begins to fall again.

A sure sign that the stock is then expected to fall.

You know I sold out at $2.84 ish and have traded many other moves far in excess of the extra 15% possible from ZFX.
Chicken what else are you trading surely not just ZFX---and why no passion with any other trades?

 

[chicken]

Re: ZINIFEX..ZFX

Actually its a sign that the stock HAS risen.

And they will return when the stock begins to fall again.

A sure sign that the stock is then expected to fall.

You know I sold out at $2.84 ish and have traded many other moves far in excess of the extra 15% possible from ZFX.
Chicken what else are you trading surely not just ZFX---and why no passion with any other trades?

Tech/a....I hold TLS,SBM...which should rise as soon as news is out stock is starting to be traded....MAP,BPC, and Cue which seems to be rising niecly....as far as ZFX is concerned been in and out many times with a profit everytime...though its a tremendous trading stock...a lot of intrest here,,still cant workout the connection with SBM....one of the directors joined SBM board...SBM took over the gold assets from Sons of Gwalih....at bargain basement price paid very little for an asset which to replace would cost $250 million anny comments...read comments in Share magazine re SBM MAY issue

 

[chicken]

Re: ZINIFEX..ZFX

Hope everyone read their announcements today.....

 

[Joe Blow]

Re: ZINIFEX..ZFX

Hope everyone read their announcements today.....

Chicken... two things:

1. If you are informing people about a company announcement please either link to it directly or cut and paste it into your post.

2. This also applies to articles on websites. Don't just link to the website itself, link directly to the article you are referring to. Alternatively, cut and past some or all of it into your post. If you want to start a general thread on a particular website then start it in the General Chat forum.

Thanks,
Joe

 

[chicken]

Re: ZINIFEX..ZFX

Chicken... two things:

1. If you are informing people about a company announcement please either link to it directly or cut and paste it into your post.

2. This also applies to articles on websites. Don't just link to the website itself, link directly to the article you are referring to. Alternatively, cut and past some or all of it into your post. If you want to start a general thread on a particular website then start it in the General Chat forum.

Thanks,
Joe

OK...got the message re www.minebox.com had a big article on Zinifex etc...been to busy to type it all up but its all news for posters who are invested in the mining stock of Australia.....thanks again cheers chicken .

http://www.minebox.com/story.asp?articleId=6019

 

[Joe Blow]

Re: ZINIFEX..ZFX

OK...got the message re www.minebox.com had a big article on Zinifex etc...been to busy to type it all up but its all news for posters who are invested in the mining stock of Australia.....thanks again cheers chicken .

http://www.minebox.com/story.asp?articleId=6019

Chicken, do you see how the link I inserted into your post leads people directly to the article while your link to the website itself means people have to hunt around on the site for the information?

In future, please link DIRECTLY to the article you are referring to, okay?

 

[TheAnalyst]

Re: ZINIFEX..ZFX

maybe the share price p/e ratio is low because the market has factored into the share price the sensitivity the stocks earnings will encounter from any drop in demand or price to its minerals...it also is a capital intensive stock....maybe some one could come up and give us a run down on its segment performance towards profit....segement by segement as well as let us know which geographical parts of the world have the greatest effect to revenues...then maybe we calcualte the risks involved

 

[chicken]

Re: ZINIFEX..ZFX

All these questions are going to be answered....the company is DEBT free money in the bank and starting to expand....do your research as you will find these answers there in the anouncements.....as we are all waiting of the results profits to june should be better than $190 million dollars....that is what Macquarie said plus buy to $4....... and also they are not geared at all so will or has massive money to expand...as far as risks....life is one big risk....

 

[chicken]

Re: ZINIFEX..ZFX

All these questions are going to be answered....the company is DEBT free money in the bank and starting to expand....do your research as you will find these answers there in the anouncements.....as we are all waiting of the results profits to june should be better than $190 million dollars....that is what Macquarie said plus buy to $4....... and also they are not geared at all so will or has massive money to expand...as far as risks....life is one big risk....

Zinc is rising again see www.kitcometals.com I see the directors are buying more shares...we are all waiting for results but as I said before should be good....

 

[raider]

Re: ZINIFEX..ZFX

Yes, I agree. Should see some good buying opportunities when the price
drops below $2.80

 

[chicken]

Re: ZINIFEX..ZFX

Yes, I agree. Should see some good buying opportunities when the price
drops below $2.80

Yeah we can all dream last time I picked them up at $2.69c and I thought the sam as you..maybe,perhaps but I feel its to close for their announcements..you might be right...we will see

 

[chicken]

Re: ZINIFEX..ZFX

Yeah we can all dream last time I picked them up at $2.69c and I thought the sam as you..maybe,perhaps but I feel its to close for their announcements..you might be right...we will see

Its going higher today opened at $3...as I said before as soon as we get the news should head higher I feel by year end it will be $4...

 

[raider]

Re: ZINIFEX..ZFX

But before then we will see it drop below $2.80