This "hangover" period could well be presenting a great opportunity to buy. The tin resource has been upgraded and with all the drilling going on there is surely more to come.
Follow the link below to see what some are thinking about tin prices and the supply / demand balance. Take note of the key statement
"what are really needed are some sizeable new mines, of which there are none in the near term.?
VMS possibly presents the best opportunity to get into one of these longer term new mines in a very stable country and in a region with great infrastructure. Givenn all VMS can become why wait to buy when it starts moving uo. I would buy now when we are all sleeping off the hangover.
http://www.kitco.com/reports/KitcoNewsMarketNuggets20101206.html
BR
Max
hangover periods best time to buy
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Last
1.2¢ |
Change
0.001(9.09%) |
Mkt cap ! $32.06M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.1¢ | $85.71K | 7.558M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 3754020 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 3880078 | 9 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| CRI (ASX) Chart |