RE:RE:RE:Just my thoughtsGood point.
Don't get me wrong. the PEA is something that I'll love to have but I don't think that this is what is holding the share price.
I just read Krams post regarding other factors and I could not agree more with what he posted. If anything, the US dollar factor reinforces my view that the market is very tight and prices will continue to go up.
In relation to the share price, I believe that we would have been in the 1.50 -1.60 range today if it was not for the big dump of shares done by JP Morgan.
Another factor that will come into play is the direction that China will take going forward in relation to industries causing pollution. This one will for sure impact the zinc production. I expect that it will continue to cap production in China which is very good for the current zinc price. The other possible impact is on target growth rate. A view of a lower growth rate will impact the price of metals.
In my view the communist party will target (advertise) a balanced pproach that in general will make Chinese people feel good abouttheir goverment. This approach will include a reduction in pollution since people in big cities have a big influence in the government and the government wants to keep them happy - the end result from this is the cap in zinc production. The second thing that they will do is continue the growth. Noone wants to hear that the economy will come to stand-still....
The third thing from China is their expansion in infractructure and influence on neighboring countries... this IMO will influence both the growth and the consumption of commodities...
chaney wrote: Frontier, can you imagine the upside to 3 or 4 low cost working mines close by in one province in a safe country would do for the share price? New Brunswick need jobs.