I saw an article concerning Zinc, and its potential in the alternative energy space, so it got me interested in Zinc as an investment. (article)
Looking into Zinc as an investment I came across an interesting company… Horse Head Holding corp. symbol (ZINC), which mines Zinc. I have not done a thorough analysis yet on it w/respect to production cost versus the price of Zinc, but a quick look at its books suggests it is trading far below asset value. (latest earnings report)
Cash value at the moment is 2.27
Tangable assets (cash + equipment, property and plants) - all liabilities is 3.55.
It looks interesting at current levels (trading around mid 2), but I just have to see if it can sustain a postive cash flow with depressed Zinc prices for a few years.
Zinc is good…
personally think some companies on healthcare sector are aweswome buys…like PDII, trading well below cash value.