Club Mulgoa

Sunday, September 16, 2012

Tin stocks

None has made me a profit.  But a lot of patience is required.  None are in production and the market is manipulated by the Indonesian government.  Tin is only found in very few places.  In soldering, it has replaced all lead.  And in tin-plating, it is almost impossible to recycle it.

Hence, it is a very valuable mineral.  And the metal price is unlikely to tumble unless there is major disruption to world manufacturing.  My favourite would be KAS because of its big brother... Toyota.  To secure its source of tin in future, Toyota has signed up with KAS for its rich Moroccan deposit and KAS is finding more of it!

This note is instigated by RB in his Pure Speculation column in The Australian this AM.  Don't expect tin stocks to jump in value, most investors want their profit today, not a year from now.  Not even a month from now.

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