ZFX - Zinifex Limited
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chops_a_must
Printing My Own Money
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Just profit taking. And I think someone said the chart was looking gappy before, so the chances of it coming back down were high.
chops_a_must
Printing My Own Money
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Was just on CNBC as the world's #1 fattest cash cow. Might be a great ramp. Bring in some foreign dollars for this one. Talking about a large upside still. I'll try and find it online somewhere for you guys.
borat
Jagshemash!
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chops_a_must said:
Hey Chops, you find that article?...
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Indeed.
Nice timely announcement to arrest the slide. Sellers drying up again
Nice timely announcement to arrest the slide. Sellers drying up again
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Good news or not, it just got caned on the open...doh!
hey this looks like an interesting article
any of you read this before?
I currently hold 22k of zfx
http://www.silverstockreport.com/email/zinc_mystery.html
any of you read this before?
I currently hold 22k of zfx
http://www.silverstockreport.com/email/zinc_mystery.html
From Hot copper: another poster not me 
fundamentals continue to suggest that is just a very short term weakness
Market Analysis: Zinc
http://www.gfms-metalsconsulting.com/market_analysis_zinc.htm
Market Briefing - December 7, 2006
Despite a dearth in new fundamental news, zinc prices continue to find support around $4,500/tonne. The reason behind this, as with the nickel market, remains the continued drawdown in stocks, currently down around 85,750 tonnes (Dec 5) having fallen 78% year-to-date, and at their lowest level since 1991. Following the loss of a third of LME stocks stored at the Singapore warehouse (falling to 9,800 from 15,300 tonnes reported a month ago), premiums there have crept higher to the $45-55/tonne range.
China�s galvanized output growth supports consumption
The latest ILZSG data shows that over the first nine months of the year world zinc consumption is up 4.3% year-on-year at 8.208m tonnes. As per usual, China remains by far the largest consumer at 2.304m tonnes, up 6.5% year-on-year. According to Antaike, domestic demand within China for high quality die-casting zinc alloy remains robust, due to continued support from the autocycle and automobile sectors, the latter seeing 25% growth over the first ten months of the year. In addition demand is also receiving support from strong growth in China�s battery sector. The organization reports a 43% year-on-year rise in the China�s output of galvanized sheet over the first eight months of the year, and it seems likely production will exceed 10m tonnes this year. With this in mind, Antaike is forecasting a 9.7% year-on-year increase to China�s zinc consumption this year to 3.38m tonnes.
fundamentals continue to suggest that is just a very short term weakness
Market Analysis: Zinc
http://www.gfms-metalsconsulting.com/market_analysis_zinc.htm
Market Briefing - December 7, 2006
Despite a dearth in new fundamental news, zinc prices continue to find support around $4,500/tonne. The reason behind this, as with the nickel market, remains the continued drawdown in stocks, currently down around 85,750 tonnes (Dec 5) having fallen 78% year-to-date, and at their lowest level since 1991. Following the loss of a third of LME stocks stored at the Singapore warehouse (falling to 9,800 from 15,300 tonnes reported a month ago), premiums there have crept higher to the $45-55/tonne range.
China�s galvanized output growth supports consumption
The latest ILZSG data shows that over the first nine months of the year world zinc consumption is up 4.3% year-on-year at 8.208m tonnes. As per usual, China remains by far the largest consumer at 2.304m tonnes, up 6.5% year-on-year. According to Antaike, domestic demand within China for high quality die-casting zinc alloy remains robust, due to continued support from the autocycle and automobile sectors, the latter seeing 25% growth over the first ten months of the year. In addition demand is also receiving support from strong growth in China�s battery sector. The organization reports a 43% year-on-year rise in the China�s output of galvanized sheet over the first eight months of the year, and it seems likely production will exceed 10m tonnes this year. With this in mind, Antaike is forecasting a 9.7% year-on-year increase to China�s zinc consumption this year to 3.38m tonnes.
Sean K
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Breaking $17 was untidy, but give it a little bit of width on this pull back. $17 (ish) might still be support. This could be a chance to pick it up. Support also at the next 2 downward dollar marks.
Read a few reports about Zn today and all say short term correction, medium term bull into next year. Maybe pull back late 07. But, what do analysts know?
Just darn wish I had have been on Zinc and Nickel 3 years ago!!
One the bull side the stronger for longer case has not been discounted. The Dragon and the....what's India?...the Ganesh?...might just keep demand pumping for another 20 years....
Read a few reports about Zn today and all say short term correction, medium term bull into next year. Maybe pull back late 07. But, what do analysts know?
Just darn wish I had have been on Zinc and Nickel 3 years ago!!
One the bull side the stronger for longer case has not been discounted. The Dragon and the....what's India?...the Ganesh?...might just keep demand pumping for another 20 years....
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wayneL
VIVA LA LIBERTAD, CARAJO!
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