Nothing wrong with the prospect just tin has been hit.
Worries over world economy have hit several base metals recently including nickel lead copper and tin. Plus with tin you have a new supply from Myanmar. So double whammy of more supply and at the moment less demand.
http://www.infomine.com/investment/metal-prices/tin/ http://www.fastmarkets.com/base-metals/base-metals-charts
https://www.itri.co.uk/index.php?option=com_zoo&task=item&item_id=3100&Itemid=143
extract
ITRI View: We estimate that Myanmar will produce some 26,000 tonnes of tin-in-concentrate this year, up from 17,000 tonnes in 2013, most of which is exported for smelting in China. The Myanmar government is currently inviting expressions of interest from private companies in establishing joint ventures to build up local smelting and refining capacity, although the Timah plan appears to be separate from this initiative.
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Nothing wrong with the prospect just tin has been hit. Worries...
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