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Horsehead Holding Corp. (ZINC) Message Board

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  • DaveTny DaveTny Mar 30, 2012 6:59 PM Flag

    Back to $18 this year

    I agree on everything has a price. Someone is willing to spend money today and hope to get reasonable returns. Why buy a stock which is moving it core business? Why buy a business who purchased a competitor who tried to take advantage of the fire at horse head. Why does management think customers will go through the hassle of importing zinc from Canada when they can simply place the order with US Zinc? Plus US Zinc is planning to expand their current facilities. The only reason may be because a significant portion of zinc oxide will disappear from the marketplace. Hello China - I am sure they will fill the gap and eventually drive US and Canadian producers out of the market. Look what happened to Antimony Oxide production.

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