Mississauga, ON -- (SBWIRE) -- 08/18/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Zinc One Resources Inc. (TSX-Venture:Z) (OTCPK:ZZZOF).
The 80 percent run in zinc prices from late in 2016 through the first quarter of 2017 caught the eye of metal traders, with a bull thesis formed on forecasts for increased demand from the U.S. and China, the world's two biggest economies. A possible shortfall has been hypothosized against the backdrop of Chinese mine closures and suspensions and production cuts in the U.S. and Australia, while U.S. President Donald Trump pledged massive spending on re-building the nation's roads, bridges and other infrastructure. Zinc often moves in lockstep with steel prices since its largest use is for rust-proofing the metal that is used heavily in construction.
Although there are signs that new production will be able to fill some voids, that production remains off in the distance, leaving stockpiles at London and China sufficient for only less than two weeks of worldwide consumption.
Recognizing an opportunity, founders of Zinc One Resources Inc. (TSX-Venture:Z) (OTCPK:ZZZOF) started mobilizing last September under the directive to build shareholder value by acquiring advanced zinc projects in safe jurisdictions that can be brought to production in the next few years. Zinc One management believes achieving production within that time line will allow the company to capitalize on the positive zinc cycle.
A complete Z profile can be viewed at:
http://www.allpennystocks.com/SpotLight/15/Zinc-One-Resources-Inc.htm
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Note AllPennyStocks.com has been compensated two thousand five hundred dollars from a third-party, Native Ads Inc. for its efforts in presenting the Z profile on its web site and distributing it to its database of subscribers as well as other services. A full disclaimer on Z can be found at: http://www.allpennystocks.com/SpotLight/15/Zinc-One-Resources-Inc.htm.