Inventory rising, price risingHow can the price of zinc be rising when inventories are also rising? It is simple. When the owners of zinc think the price will be higher in the future, they will sometimes store it in a warehouse to wait for those higher prices. The warehouse storage fees are minimal compared to the profit they will realize from waiting.
It is called PATIENCE. That is something the bone headed children who manage this company do not have. They should have had the patience to delay or cancel the dilution. They should have had the patience to open Caribou at higher zinc prices. They should have had the patience to hedge at higher prices.
