Gself, I had not claimed zinc was at an all time high... I claimed it was at historically high levels.
BBs chart depicts it remarkably. The only period in time zinc prices were higher than now was in 2006-2008 and perhaps a day or two in 1989. Current prices also appear to be on trend with the average yoy % price increases since 1982.
So, it's a stretch to say that KZL is disadvantaged by the "low" prices of today when in fact the prices appear to be on trend growth. So I'll state it again, if you can't turn a profit at these prices, then you should not be in the business. Aren't there a few zinc mines shutting down? perhaps KZL should follow suit.
KZL Price at posting:
17.0¢ Sentiment: Sell Disclosure: Not Held
