CZL 0.00% 4.8¢ consolidated zinc limited

Just my thoughts.

  1. 64 Posts.
    I wouldn't panic yet, as retracement over the last few days, I believe is solely due to reaction from the UK voting to leave the EU, in other words the market expects a fall off in demand for base metals. I brought in to CZL mainly on timing, 2017 to 2021. As I believe those are the years we will see real demand increasing, slowly starting next year. So that provides time for CZL to release a JORC and find finance and get the mine back up and running, coinciding with an increasing demand for product. Perfect. It is still tough times out there in the base metal market, that's why timing was important for me. Despite the NOISE to the contrary, the USD is on track to much lower levels and I personally do not see a bull market for the USD, quite the opposite, in fact. I also believe governments will unleash a massive spend in infrastructure to stimulate economies. I am not listening to talk of a slowing global economy rather I am focused the events that will provide the demand. The current gold price should be scaring gold bugs, not encouraging them, but hey like I said, just my thoughts. Time and only time will tell.
    PS thanks to all for your feed back !
 
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