I predicted $.18 would be the bottomI predicted CA$.18 would be the bottom, and I predicted that the drop in the price of zinc was only a temporary correction.
Now the stock has rallied to CA$.22, and zinc has rallied from $1.15 to $1.22.
The stock had strong support from a trend line at CA$.18. The trend line only works on a log scale. Some dope who was not using a log chart got the trend line wrong. Always use a log scale. However, I will be the first to admit that charts often do not work with penny stocks.
As zinc rallies higher and higher, the hedges will look dumber and dumber. Bone headed management has capped the benefit that share holders will see when zinc hits $1.50.
Mark my words.