Been charting the last 3 broad zinc price rally's and ...
If this one follows the same dynamic as the last couple ... specifically the last two new year's rallies ... this run tops out somewhere between 1.70 - 1.75 ... roughly mid -> end Feb. Right in line with my last Zn price pre-d which .. in conjunction with good prod report this week and Q4 report should take TV well clear of $2 a share. "Bold" pre-d that analyst 2018 EOY target prices get revised by EOM from 2.25 ish to $2.75-3 also. There MAY b one final Zn rally in late spring / early summer. I'm not as certain about that given that the price is now getting so attractive that rush to vring on new sources and the scrap supply are both going to start to create supply and price releif sometime this year.