METALS-Tin hits 22-month peak, page-119

http://www.westmetall.com/en/markdaten.php?action=show_diagram&field=LME_Sn_stock

LME  4180,  $20,200/ton (A$26719/ton (0.7560))

ok, who took an axe to the floor of the Tin "hay shed"???  big dump??....will it continue to head lower or reverse as quickly as on previous occ. where it has had big falls....lets see where we end overnight.

on another note....ANW up dramatically in the past few days....suspected this would be the case given they are actually producing tin and making money and couldn't understand why they where so low....or is the big rise based on their hoped for cobalt project and cobalt prices.....cobalt has risen 60% in the past 12 months but stocks have more than doubled as well....LME warehouse stocks rise but the price doubles....based on percieved demand now that battery plants are coming on line??

one comment I did find interesting in one of the ANW threads is that receiving a mining and water licence can often double the share price.....so prices below 9-10c may be a thing of the past in a week, a month, 2 months??? we have a bigger resource, at a higher grade than ANW, and further drilling will extend this resource?? bring on the mining licence....whilst it's taken longer than the SRZ board anticipated, they are working tirelessly on this issue behind the scenes. Peter, our MD, is very approachable when I called last week.

of note when I checked the buy/sell side this evening, suddenly the buy side has ramped up and unlike previously where buy orders where sitting at levels way out of the money, most of the money is sitting around the current price....+ve news surrounding the mining licence will most likely clear what little stock is available at present???

kind regards, SEAH