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Zinc the metal for 2006

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Zinc December 04,13:45
Bid/Ask 2.0510 - 2.0669
Change +0.0227 +1.12%
Low/High 2.0283 - 2.0782



GO CBH, KZL, ZFX, PEM
 
specman said:
Well it appears right now that cobalt prices have exploded and demand for this metal is greater than zinc.It seems some people cannot book any material for next year.

Forget about zinc,does anyone know any pure cobalt plays?
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I got this reply from MCR today:

"RE: Cobalt Capacity

We make money from Cobalt as a by-product recovered from our nickel mining operations. As such we do get the benefit of any price increases in Cobalt. The total value of by-product copper and cobalt together is about 3% of our revenue.

Many thanks for your support of and interest in our Company.

Best regards

David Moore

Managing Director

Mincor Resources NL"

A chance of a 1 - 2% increase in profit thanks to Cobalt alone... not bad!
 
Chops sorry - I'm too busy giving you a hard time on another thread lol
and I'm a lazy buga ...
what's the latest on gold pls. ? thanks m8
 
2020hindsight said:
Chops sorry - I'm too busy giving you a hard time on another thread lol
and I'm a lazy buga ...
what's the latest on gold pls. ? thanks m8
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Are you? I'm enjoying it. As long as people take in what I post, I don't mind.

Dec 05, 2006 08:54 NY Time
Bid/Ask 646.40 - 647.40
Low/High 640.60 - 648.40
Change +1.20 +0.19%
30daychg +18.80 +3.00%
1yearchg +137.60 +27.07%

Cheers.
 
Zinc down: -1.75%
Zinc warehouse levels up: 86525 +775

Could we be seeing another slide in Zinc stocks soon?
 
chops_a_must said:
By the way, what do you think of the chances of a bull market run next year in Pamplona?
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TRUE FRIEND extract

The branding iron heating, the crush nigh on ready , with "FRIEND" glowing red and "full-fired"
Your nerve ends are bleating, "hey, Staunch there and steady!, and say friend, you feeling inspired?"
We just have to charge through the streets of Pamploma , On route to a fight with a 'gator"
You'll either get "Sure, LET's DO IT then Rambo!! or maybe " ummm naaa, - see ya later".

lol - think it's a " naa see ya later" from me lol. I'm content with the City2Surf
 
hi all

ok i know that ins are - institutional net settlements, but that is all, would anyone care to expand on what you guys are talking about here?

thx
 
Yeah, I remember that about a month back now. Interesting to see what effect it will have.
 
toc_bat said:
hi all

ok i know that ins are - institutional net settlements, but that is all, would anyone care to expand on what you guys are talking about here?

thx
Click to expand...
"ins" is the tonnage delivered into LME warehouses and "outs" is the tonnage taken out.

I believe only a small percentage of contracts result in physical delivery as most contracts are hedges and sold or bought back before settlement.The deliveries in and out of warehouses tend to reflect the true picture of physical supply and demand.
 
chops_a_must said:
Yeah, I remember that about a month back now. Interesting to see what effect it will have.
Click to expand...

Weaker zinc prices from the looks of things.Good opportunity to top up if you are a believer of the zinc story.
 
Taking a pumbling today...

Bid/Ask1.9527-1.9618Change-0.0748-3.69%Low/High1.9527-2.0661

Dumped some of mine yesterday on anticipation of a further slide, wish i'd done it 2 days ago... but no point in 'what ifs'!!

Any ideas on how far it could go? ideas?
 


Looking like resources are trying to bounce back on the LME. Probably pointless to look at it until US job data is released overnight
 
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