Well with such low expectations, that in itself is a bullish sign. How can you disappoint someone who expects you to do bad? Kinda priced in don't you think.
Still it makes me happy knowing guys like the above will completely miss the bull run in zinc. The greatest evidence that a bull run is coming is the fact that China is worried about future supply. Just look at the number of investments they have made in South America in the past 12 months.
I see copper remaining hot for the next 12 months, zinc coming second (and taking over as we hit 2013) and nickel third.
American resources also shares this view. To quote:
Meanwhile, zinc production in the U.S., which also has significant zinc reserves, is on the decline. If the world’s largest zinc mines in Australia, Canada and Africa are indeed at the end of their cycle, this spells trouble for U.S. manufacturers, who currently import 77 percent of the zinc they use.
