When you refer to terrible news, I guess you mean that the stars are not aligning for KZL & zinc. They can't control Europe, commodity prices or the AUD. What they can control, they have managed well. Last time I bought KZL back in 2007, was for around $2 on average and sold for $4 or so. I was too late and too early. This time round I am much earlier @ 26-54c and hope to be much later, so I'm in for the long-haul.
Trying to pinpoint a zinc boom period or bust in less than an 18 month time-frame is very difficult. If economics truly run in 5 year cycles, then the zinc bust over the last five years, is about to enter a 5 year boom. Technically the world has been in recession since 2007-8. Will 2012-2017 be a period of greater growth? Sure hope so! Certainly 2012 started positive but risks remain as always.
KZL Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
