VMS 0.00% 2.2¢ venture minerals limited

if people can understand where this company is heading!!!! They...

  1. 5,808 Posts.
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    if people can understand  where this company is heading!!!!  They ll be grabbin every shares available now regardless of the price...

    TIN IS AT $32000!!!!!!!!!!!!!!!!!! AND IT HASN'T STOPPED YET!!!!

    AND VMS HAS  A PROJECT WORTH  MULTI BILLION DOLLARS IN TIN AND TUNGESTEEN, ALL RESOURCES MEASURED & STUDDIES READY TO COMMENCE THE MINE!

    once The Riley Iron ore money rolls in, We will have the FULL fund neccessary to kickstart The Mount Lindsay Project WITHIN A YEAR!

    Buy a parcel and come back in a year and you may have secured your retirement for life! DO NOT GIVE A DAMN ON ANY PRICE FLUCTUATIONS NOW...OR YOU LL BE OUT.
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    Tin Prices Soar on Electronics Demand, Shipping Trouble

    The metal has climbed 46% in 2021 and is approaching record highs



    Tin prices are among the biggest gainers in a banner year for commodity markets.

    PHOTO: PHILIPPE LOPEZ/AGENCE FRANCE-PRESSE/GETTY IMAGES


    High demand for consumer electronics and difficulties shipping metal out of Asia have created a shortage of tin, pushing prices for the metal close to records for the first time in a decade.
    On the London Metal Exchange, the price of tin to be delivered in three months has soared 46% this year to $29,785 a metric ton, outstripping other metals such as copper and aluminum. Tin last fetched as much at the height of the run-up in metal markets in 2011, when prices crested at more than $33,000 a ton.


    Tin’s advance is one of the biggest moves in commodity markets that have ripped higher, feeding expectations among investors that inflation will accelerate, at least temporarily. Lofty commodity prices have acted as a brake on factories. Companies are looking to pass higher input costs through to consumers, some of whom are feeling the pinch. Worries about inflation have sent jitters through Wall Street, hurting stocks.

    Tin prices since 2010Source: FactSetNotes: Prices are for tin to be delivered in threemonths' time on the London Metal Exchange. Datathrough May 11.
    a metric ton2011'15'2010,00015,00020,00025,00030,000$35,000
    Supplies of tin in London Metal ExchangewarehousesSource: FactSetNote: Weekly data
    metric tons2020'2102,0004,0006,0008,000

    “Demand is wild across the board,” said Evan Morris, co-president of Nathan Trotter & Co., adding that he has never experienced such acute shortages of tin.


    The Sadsburyville, Pa.-based manufacturer of solder wire and other tin products is racing to keep up with orders. Coronavirus has constrained supplies of raw metal coming out of Indonesia and elsewhere, while a snarl-up in container-shipping markets has led to weekslong delays in transporting tin from Southeast Asia and Latin America.

    The market for tin—the most expensive of the major base metals—tumbled in 2019 when a downturn in semiconductor sales knocked demand. Prices took another leg lower when lockdowns and the closure of factories hit sales of industrial commodities in early 2020.

    Fast forward a year and the market is “probably the most squeezed it’s ever been,” said Charles Swindon, managing director of U.K.-based RJH Trading Ltd.

    Demand is strongest in the U.S., pushing prices on the ground as much as $3,000 a ton above where tin trades on the LME, according to Mr. Swindon. The high price “reflects genuine demand; otherwise people wouldn’t be paying these premiums,” he said.

    Shares of mining companies are gaining from the jump in metals prices. BlackRock Inc.’s iShares MSCI Global Metals & Mining Producers exchange-traded fund has risen 34% this year.
    Behind tin’s comeback is a surge in sales of consumer electronics such as laptops, cellphones and televisions during the pandemic.

    Solder, the melted metal used to attach semiconductor chips to circuit boards and electronic devices, accounts for about half of global tin demand, said James Willoughby, analyst at the International Tin Association.

    The value of world-wide semiconductor sales rose 3.6% in the first three months of 2021, compared with the previous quarter, and 17.8% from a year before, according to the Semiconductor Industry Association, a U.S. industry group.

    The hot housing market is also aiding tin’s recovery. Tin, used to make certain plastics more resistant to heat, is benefiting from a rush to buy drainpipes and cladding for new homes.
 
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