Zinc Can't Keep Going Down Forever; Stocks To React "Fairly Soon"

By Kitco News / November 19, 2018 / www.kitco.com / Article Link

Nov 20, 2018 Guest(s): Graham Carman President, CEO & Director, Tinka Resources

Zinc is running on a deficit and zinc stocks are bound to see some upside price action soon, said Graham Carman, president and CEO of Tinka Resources.
"Zinc stocks have been going down for 10 years now. We're at a 10-year low...prices haven't reacted yet, but prices are likely to react fairly soon. Eventually, zinc just can't keep going down without something to happen to the market," Carman told Kitco News on the sidelines of the Swiss Mining Institute Conference in Geneva.
Carman noted that most of the zinc produced in the world goes to Asia and is used for saving steel from rusting.

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