Hi Brenden I agree with you. The fundamentals of tin, hence MLX (yes I know they have a more diversified portfolio but at this stage let's just consider tin), will come in to play at some stage. Common sense will prevail. Currently there is a plethora of cheap stocks on the market, at least relative to historical valuations. But I've done lots of research, and cannot see a stock cheaper than MLX.
1. Currently producing in the highest priced industrial metal (tin), with tin stockpiles nearing critical levels 2. No debt 3. Cash available 4. Solid proven management 5. Diversified portfolio of long term growth assets
I'm still in and plan to be so for some time.
MLX Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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