YTC ytc resources limited

Tin a critical metal? Hard to believe. After all, it’s been...

  1. 1,239 Posts.
    Tin a critical metal? Hard to believe. After all, it’s been mined since 3000BC and is part of the Bronze Age.

    Not only is it a critical metal for many new technological breakthroughs, however, but there’s a severe supply squeeze coming. The world’s biggest mine is in Peru, owned by Peruvian company Minsur. This mine provides 10% of world tin – and it’s due to close within five years.

    (more)

    http://proedgewire.com/rare-earth-intel/tin-a-critical-metal/

    Very good news for us, considering the T in YTC stands for tin - and the fact that we not only got some nice tin projects (Doradilla and Tallebung), but also own 25% of Australias bigggest undeveloped tin resource, Taronga.
    http://www.ytcresources.com/i/View_Page.aspx?id=19&Lvl=7,19&DGrd=0

    Might still take a little while before tin prices really go up, but I take that as a plus: it gives us time to get Hera and maybe Nymagee up and running, creating cash flow that than can be used to exercise our options in Taronga mines ...

    P.S.

    "China still hungry for Aussie mines"

    http://www.theaustralian.com.au/business/wall-street-journal/china-still-hungry-for-aussie-mines/story-fnay3vxj-1226476593325
 
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