Soaring Zinc Price, Mounting Supply Deficit Create Opportunity for Sector Operators
NetworkNewsWire Editorial Coverage: Zinc supplies are dwindling, and spot prices are soaring. Futures look robust, as well, and, despite a minor pullback toward the end of the week of October 23, there appears to be a stable forward price trajectory for the foreseeable future. As fundamental drivers such as China’s reduced production of mined and refined zinc loom large, the upside for smaller sector participants such as Vancouver-based Zinc One Resources, Inc. (OTC: ZZZOF) (TSX.V: Z) (Zinc One Profile) is now coming sharply into focus, and there is still plenty of upside for other sector players like Vedanta (NYSE: VEDL),…