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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Bullboard Posts
Comment by maldwynon Feb 19, 2019 5:38pm
149 Views
Post# 29384983

RE:RE:Pb inventories even lower than Zn

RE:RE:Pb inventories even lower than ZnI'm not sure what the significance of the LME stocks are at present, but it seems to me it's better to not have an 800k tonne overhang in the market than to have it, it would even give direct marketing producers more pricing power.  Given where the LME is - who knows - maybe it's all Brex-it related.

Based on what is happening with Pb I think Zn supply wlll drop to 50-70 k and then level off having no impact on the Zn price. I would like to be wrong about that though. If that does turn out to be the case I'm not sure how one is supposed to make a guess as to the Zn price going fwd. All you have is a bunch of people who truly believe Zn is the next copper and another bunch who believe just as vehemently that the market is well provided for going fwd.
Bullboard Posts