An exciting metal breaking into 5 year highs is zinc at $1.30 per pound. Its still way below its pre credit crisis highs at $2 but it looks like it could be headed there later this year. Smart investors are scrambling around for the top zinc assets which can get into production in mining friendly stable jurisdictions.
At the end of December I saw some of the smartest mining investors the Lundin and McEwen Family putting seven figures into this new zinc company whose Chairman built Blue Pearl, Thompson Creek, Wheaton River... in the last commodity cycle. He has over 35 years of experience. These stocks he built went from pennies to ten+ dollars per share with a billion market cap. I believe this could be one of the top zinc assets in North America. This asset has 4+ billion pounds of zinc at a time when producers were shutting down.
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Zinc Hits 5 Year Highs: Is This Canada’s Next Zinc Producer?
