NIU 0.00% 2.0¢ niuminco group limited

Noticed that our tin has dropped off a little. Asked google to...

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    Noticed that our tin has dropped off a little.  Asked google to show me the way.  Future looks good.  Hope they hit the mother lode!



    "Despite the flood of ore from Myanmar, what’s keeping this bull alive are expectations of tapering supply from Myanmar, the slow ramp up of mines elsewhere and no new surprise sources of ore. The International Tin Research Institute suggested that the country has already picked all the low-hanging fruit and the combination of rising production costs and the need for new investment to develop underground mines will result in a sharp fall in output.
    When To Buy Tin Next

    After this spectacular rally, it was normal to expect some price pressure. Prices might need some time to digest this year’s gains. However, once prices take that needed pause, any evidence of lower supply from Myanmar could trigger another price rally. As prices pullback tin buyers might find a good opportunity to buy some volume near support levels."

    https://agmetalminer.com/2016/11/17/tin-price-rally-cools-down-when-to-buy/
 
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