Current sentimentNot sure I'm agreeing with the view floating around here that we're stuck in the low 1.20s for a long time.That seems based on the assumption that most of the new shares bought at 1.20 will be dumped on the market in the 1.20s for a quick and small profit.
That ignores the possibility that big chunks of the new shares are in institutional or retail hands with a longer time horizon and higher sell target. If all the positve elements we keep pointing out (increasing production, higher grades, higher cash flows, less debt, additional mines. new equipment etc) along with increasing zinc shortages and rising zinc price continue to prevail and get better known, I can see TV start to move up in days or weeks, not months.