Brenden. You are always very bullish re Tin price. i wish i could share your optimism and hope you are right. I worry that: 1) Tin has few usues mainly solder which is very small quantaties. 2) AUD will strengthen massive over the USD. This would effectively reduce the price of tin significanly. Although tin is quoted in AUD ts price simply follows that of overseas so doesn't offer real protection. Best thing is that only few countries have viale tin deposits. much tin used to come from illegal mining in Indo and malaysia. The authorites have clamped down but still occuring. So main threat is a coallpsing greenback which is very possible IMO. At current prices MLX is def viable. Wish they would hedge AUD.
MLX Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
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