Star Mountain Resources, Inc. (SMRS) Well-Positioned To Profit from Projected Zinc Shortage via Low-Cost Balmat Mine in Upstate New York
With numerous pundits currently raving about the bullish undercurrent for zinc, as a looming supply shortfall is predicted on the horizon amid ebbing China slowdown fears, it makes a great deal of sense to look at domestic producers in low-risk jurisdictions. Producers who can act as a profit vehicle for investors over the medium- to long-term price appreciation currently projected for this increasingly widely used metal, whose primary industrial consumption comes in the form of being used as an anti-corrosive galvanizing agent for iron and steel coatings. Given the recent closure of the Century mine in Australia by Melbourne-headquartered MMG,…