Under/Overvalued metalsA few weeks ago, I was at a company presentation in Sweden held by the CEO of Boliden (www.boliden.com, one of the leading mining and smelting companies in Europe. Formerly a Canadian-owned company actually, it's main products are copper and zinc, as well as lead, gold and silver.)
Anyway, at the end of the presentation there was a Q&A, and I took the opportunity of asking the CEO, Jan Johansson, which metals he currently thought were under-/overvalued. He did not hesitate a second to say he thought lead and zinc were the most undervalued metals, while copper was presently overvalued.
Sure, this is no big surprise to most of us, but it's still pretty comforting coming straight from the CEO of Europe's second largest zinc producer (AND third largest copper producer, so he was not just trying to pump his own company). Of course, it is especially nice to have strong macro fundamentals when you come across a company like Tamerlane Ventures 2 weeks later.