Another day commodities up mostly over 1%,especially copper up 1.7% and zinc 1.2% up. This is on top of the 160 over points up in Dow Jones.Friday was the first day up after 8 days of down for KZL. Lets hope this continues. Looking at the past pattern, KZL seems to follow a similar pattern. Nasty, can I ask you why do you put so much faith in a share? I have some KZL shares and I have been buying more because KZLs resources are all coming on production this year except their investment in the Mungana gold mines. China has delayed the shipment on carriages ordered by the NSW government. This only means they have plenty orders on hand,which means demand for base metal has not slowed down despite China economic activity is supposed to have slowed down.I can understand now the reasons that BHP, RIO and FMG are very optimistic with their immediate and mediyum term prospects.
KZL Price at posting:
59.5¢ Sentiment: ST Buy Disclosure: Held
