tin rises to an ll month high, page-21

SRZ should be targeting a off take partner Sears as now the tin price is healthy they should find it easier to get a good one. Plus they were already hinting in that direction. Why not get an offtake for the tin they have already discovered any further discoveries can lead to a bigger offtake or a offtake with a different partner.

SRZ currently has a market capitalisation of about $19m. Octa Phillip expects that the development of the Heemskirk project will be financed by a combination of
• An equity partner who will invest in the project in return for off-take

http://www.stellarresources.com.au/images/Stellar_snapshot_nov_web.pdf

Practically the first thing any one reads on the stellar snapshot is that Gip has 19.5 percent of Stellar Resource Capital Funds 16.8 .

The capital funds shareholding should be highlighted more as they are shrewd operators they knew what they were doing when the invested in SRZ and as a possible financier have extra relevance.

http://www.bloomberg.com/news/2012-10-10/resource-capital-said-to-seek-1-75-billion-for-next-fund.html

Extract

Resource Capital Fund VI LP will invest $10 million to about $200 million in public and private mining businesses, said the person, who asked not to be named because the fund is private. Fund VI, whose target would top the more than $1 billion its predecessor got in 2009, will invest globally in projects from post-exploration properties to producing assets.

Peter Nicholson, a partner at the firm, didn’t respond to an e-mail seeking comment.
The firm, based in Denver, has invested in 111 mining companies located in 38 countries and involving 27 commodities, according to its website. The prior fund is mostly unrealized, the person said. Resource Capital Fund V LP was producing a 27 percent internal rate of return as of May 31, according to data from University of Texas Investment Management Co.

http://www.proactiveinvestors.com.au/companies/news/25293/stellar-resources-gains-resource-capital-funds-as-substantial-shareholder--25293.html

http://hotcopper.com.au/post_single.asp?fid=1&tid=1702269&msgid=9839890

Stick resource capital funds in google and you will see what busy bee’s they are though they keep a low profile.

As for the Gip shareholding it would be nice if someone from either company dropped a hint over its destination lol. Hopefully when it comes out of escrow soon someone might tell us something!