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AD told me(when tin spiked last year) he would like to see a tin...

  1. Browny
    893 Posts.
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    11/05/09
    08:20
    Post #: 5117474
    AD told me(when tin spiked last year) he would like to see a tin price of about $20kAU before they start looking at developing the tin deposits. The exchange rate wasn't as good then, tin is now a bit over $18kAU so it is not that far away from the $20kAU level. I think that was for the deposits to be economical on tin alone, allot of tungsten with the tin.
    AEV Price at posting: 51.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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