The tin market and tin price has strong fundamentals in the medium term with continued high demand for solder by the consumer electronics industry, and constrained supply partly due to the forecast end of life for the San Rafael mine in Peru in 2016/17, which currently accounts for 10% of global tin production
Tin Price has rebounded hard to $23345 on the London Metal Exchange from $19000 back in Feb. There has been a broad rally with most major Tin Stocks in last few weeks such as Kasbah Resources (KAS) Venture Metals (VMS) and Metals X (MLM)
TRF definately one to watch next few months.
TRF Price at posting:
14.5¢ Sentiment: LT Buy Disclosure: Held
