I have a few lemon's in my tree!!! KZL is one of the larger lemons!!
I don't understand why the maket has not re-rated this stock, when all other stocks have moved well beyond their January 2010 highs. OZL, that has both Copper and Zinc is much higher then Jan 2010.
KZL with similar mix of resources has never seen the $1.00 mark. Moreover, every time there is a run up, I see more and more sell orders added, simply increasing the sell depth, and then down it goes again... I have been stuck in this since the Jan 2010 highs....
To be fair, Zinc stock piles in LME, continue to keep rising... I recall Credit Suisse mentioned that there could be supply shortfalls... but I can't see any.
I pray and hope that one day this will get back to my purchase price.
Sorry for venting guys...
Cheers Mayo
KZL Price at posting:
75.0¢ Sentiment: LT Buy Disclosure: Held
