This one is in mid Nov but the fundamentals have got very much...

  1. 321 Posts.
    This one is in mid Nov but the fundamentals have got very much stronger with the release of good news in Dec last year and Jan this year.

    http://media.drive.com.au/business/ceo-interviews/venture-minerals-on-track-at-mt-lindsay-2046232.html

    Major points :
    1. Tin currently at record prices (yes,tin did drop overnight, but the fundamentals are all pointing to TIN going even higher to $35000/ tonne and over)
    2. Indonesia is in deficit supply position
    3. Tin has a very low melting temperature, which is required for a lot of electronics
    - the closest substitute is silver,but that was at $750,000/ tonne back in Nov 2010 (MUCH HIGHER NOW as Silver has hit a high in the past few days), so this substitute is out !
    4. Tin and tungsten is prolific in Tasmania and especially where VMS's projects are in the North West regions of Tassie
    5. Mount Lindsay has got double the grades of other TIN operations in other parts of the world.
    - other grades worldwide are around .4 of 1%; VMS is at grades of around .8 of 1% - these are very good grades !
    6. Next 6 months will be full with extensive exploration programs
    7. Size and grade - Mount Lindsay is one of the largest underdeveloped projects in the world - LARGE on world scale - top 3 in the world
    8. Resource upgrade and PFS due any day now
    9. Intense Chinese interest in TIN and TUNGSTEN projects in Tasmania - with Yunan Tin buying up some of Renison Mining's projects

    http://imagesignal.comsec.com.au/asxdata/20110127/pdf/01144615.pdf

    http://imagesignal.comsec.com.au/asxdata/20101221/pdf/01135201.pdf

    Cheap at 58 cents.
    The good doctor has got this at a buy at much higher.
 
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