Club Mulgoa

Saturday, May 11, 2013

With backers...

Some stocks have powerful backers... with cash on hand.  Yet, in spite of known financial rollers, some stocks continue to do badly.

YTC has Glencore funding some of its activity so YTC does not have to raise cash nor see a banker's approval.  ORE and KAS have Toyota behing them.  Toyota knows tin supply is very limited and subjected to Indonesian government idiosyncrasy.  And lithium will be the future battery cation.

I am glad to have topped up YTC and KAS recently but we will have to wait another year or two to know how well or badly I have done with my logic.

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