I am starting to come around to @specgoldbug way of thinking, that the tin assets should be sold. They were valued at $6-12m by Tracey Lake, proved up, and at the time, tin prices were at about the same level. Is the outlook for tin looking better now though, with supplies dwindling? What would become of our MC if it was announced that the tin was sold for $6m? More? Would NIU then position itself to acquire another project? A cashed up junior with a profitable gold mine. I think this is better for us in the short term than trying to stretch to advance the tin.
NIU Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held