No hedging Port,A modest amount of hedging could be the way to go ,but I would be inclined to wait for a good spike . The tin situation is becoming more dire by the day .Supplies cannot keep up ,and I havent been able to identify any way that world production can be increased substantially .In fact Chinas grades are dropping dramatically ,much like their Iron Ore .Indonesia has capped tin at 90,000t ,and they are struggling to reach that this year .Their land mine grades have unexpectedly dropped off the cliff ,and they are building new dredges to try and compensate .Illegal mining is getting stomped on ,and directors of the major tin miners have got the spotlight right in their face with a number of them facing court .They are much less likely to do shady deals now ,as it means 4 years in jail .
MLX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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