His last 10 posts over the last 30 days were all and only about KZL. For someone that isn't interested, he sure looks interested. I think he clearly taken out large put options and is worried about the Lounge Lizard sale and rightly so. Nickel prices are up +24% or so since the lows in November and KZL had multiple buyers moving through to the tender stage in January. Doesn't sound like the conditions for a knock down prices??
You just can't tell some people things are getting better. They don't want to listen. Many were convinced Greece would fail (Germany won't let it fail), that the US was going into recession, that China was slowing down fast and that commodity prices were going to collapse.
Anywhere, here we are...with none of those things eventuating and with commodity prices well up from the lows. Nickel up 24%, Copper up 25% and Zinc up 18%.
Granted it will be another 4 months before zinc begins to shine but the chances of KZL going bankrupt diminish with every day, week and month that passes and that brings us closer to 2013 and prosperity. Maybe some of us here were a bit early but I like to be in first. That's just my style. I own an awful lot of KZL now. That's for sure and I have plenty of patience.
KZL Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held
