Ann: High Grade Hits in Oposura Central Zone, page-27

Mossberg

You've evaded the issue of zinc outlook for a long time now.

When finally forced to talk about it, you focus on the trade war.

Then totally ignore the prospect of an early end to the trade war, and the reasons why this is more likely than not.

It's as if it hasn't been mentioned at all!  

What do you think about the pressures on China domestically? Does it mean nothing to you? It means a heck of a lot to Xi I can tell you that. His blood pressure is well up and he looked flushed in the face it's the first time I've ever seen it.

He HAS to sort it out!

You dismiss demand side, and are full on into oversupply side? 

Just because the market is currently uncertain doesn't make it right in the short term. The pressure is on China to arrest their problems by conceding to Trump early, and not letting this run away. I read widely on China not narrowly.  I encourage you to do the same.

As for dilution, a very unpleasant prospect which you like to bring up BUT you evade all the issues that would make it redundant. 

China. You can't see over it and you can't see under it and you can't see around it. 

You can always find an example to point to and make people fearful. It's easy in the current fearful environment which is risk-off. Traders love a fearful environment every bit as much as a bullish one.

The circumstances around zinc could change very quickly indeed.  And with that the LT zinc outlook to become bullish. As you well know.