I love it when a commodity puts in a bottom on its pricing chart. Any commodity. It's like writing yourself a forward-dated blank cheque, and that's where we are today with Zn.
When I checked the LME Zn action this morning, my reaction was yet again, "hey, it just refuses to go down any further". And then I opened my mailbox, and a respected friend in the finance world had written "Zinc rocking and rolling... just won't go down these days..." as his header line. Thus the impulse to write this post right now.So be on the ball with Zn, people. Here's a quicklist of stocks to consider (amongst many others)
BWR.to Breakwater: My fave way of ST trading the complex. I'll be buying some of this as a ST trade today, I expect.
BN.to Blue Note: Mentioned by an e-mailer to me a few weeks ago, and I've had half an eye on it since. Very cheap and very diluted. High cash costs at its Caribou mine. On the plus side, I've noted a few industry players circling around the stock in recent days. This is speculative, but risk/reward means you could try a few shekels (I have to say i prefer BWR).
VEM.to Vena Resources: Just waiting on its enviro permit (any day now, sez the Peru gov't) and this thing will be the owner of a Zn mine making a profit,and that's even if Zn drops to $0.75, according to my casio. Stupidly cheap here.
LMC Lundin: Has other worries right now (example govt of DR Congo), but it's a traditional Zn go-to play.
VOLCABC1 Volcan: If you have access to trading the Peru stock market, look no further for your Zn exposure. This very large Zn producer is due a good relief rally. Plenty of Pb and Ag exposure too (as you'd imagine).
There's also my top top favourite small miner Fortuna (FVI.v), but you have to think silver first and Zn second with that stock.
All this in my own opinion, DYODD, dude. It's your money.