It is all about the long game October I am more worried that Stellar will rush lemming like into a poor deal than all the tin at Heemskirk will suddenly evaporate. The company has after all in the past seemed a bit too eager to sell the family silver.
The best prospects for Heemskirk and Stellar are in the long term. The tin price and share price has been hit by concerns over Chinas slowing growth rate. http://www.bbc.co.uk/news/business-23310975#story_continues_2
However how much would china have to slow down to before the anticipated squeeze in the supply of tin disappears one two percent? A negative growth rate?
The lower current tin price will actually make it harder for tin projects that are not as good as Heemskirk to get off the ground leading to a even tighter squeeze in tin supply eventually and a much higher shareprice here.
The company should be playing the long game to benefit from the evitable bounce back in the tin price and eventual tin price surge as supply constraints really kick in.
SRZ Price at posting:
5.0¢ Sentiment: LT Buy Disclosure: Not Held
