To get some more facts, take a look at the head or
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Posted On: 01/18/2018 6:45:58 PM
To get some more facts, take a look at the head organisation of zinc;
http://www.zinc.org/
The glap between supply and demand get`s bigger this year then last.When you consider the price where close to double up in 2017 - then the market anticipate more then double up again this year.
So little of zinc is stored away, they are talking about a 10 day supply compared to the demand; those 10 days are soon gone and then the deficit will be increasing daily in the global zinc market.
Forecast is at least 3 years of more expensive zinc prices, that means a stock like "Kootenay" can shoot of to the sky any day now. Take todays trade; a volume of only 5100 stocks,closed on 0,080 at CNSX.
Average volume; 230 680. So, the ones who already owns the stock now is holding on hard to it - it will force the sharevalue up, up.
http://www.zinc.org/
The glap between supply and demand get`s bigger this year then last.When you consider the price where close to double up in 2017 - then the market anticipate more then double up again this year.
So little of zinc is stored away, they are talking about a 10 day supply compared to the demand; those 10 days are soon gone and then the deficit will be increasing daily in the global zinc market.
Forecast is at least 3 years of more expensive zinc prices, that means a stock like "Kootenay" can shoot of to the sky any day now. Take todays trade; a volume of only 5100 stocks,closed on 0,080 at CNSX.
Average volume; 230 680. So, the ones who already owns the stock now is holding on hard to it - it will force the sharevalue up, up.
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Robert
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