Tinopolis Share Discussion Threads

[pecker1] 18/4/2012 08:20

Dave,

Yes, lots to chew on.

IMO too, a very significant statement by Peter Miller - the first time he has said their goal is to become a major tin producer. Obviously the grades and widths they are getting now gives him the confidence to make such a statement. Note the caveat to the actual results published in the NR, (they were to explore the edges of the deposit and therefore are not representative of the real meat inside) which is then followed by this statement:

"Drilling is now underway to the east of the upthrown block and is regularly intersecting mineralized zones up to 60-80 metres thick. The primary mineralized zones appear to thicken significantly to the east. There are currently around 45 holes with assays pending." So more drill news on the way soon as well as soil sampling results to the south given the possible discovery area seems to have grown to 7 km.

Beginning to think it's elephant time in Spain! The broker report which has recently appeared on the website uses the phrase " potential world class" and who am I to argue with that!

And to think that the market cap is less then CAN $40m. Bonkers!

[doobydave] 17/4/2012 21:18

A rather good NR from Eurotin tonight:

Lots of cud to chew, plenty of diagrams, but I am struck by the self-assurance of Peter Miller's statement,

"Recent developments have reconfirmed our belief that Oropesa is an exceptional tin deposit. The forthcoming mineral resource estimate will be a significant milestone towards our goal of becoming a major tin producer."

Particularly promising are references to subparallel repeating structures every 100-200m and the possibility that they may have traced the granite source.

Anyone who hasn't visited the website www.eurotin.ca will find it is almost unique for its compendium of videos. It's well worth exploring even if you're not interested in tin.

[pecker1] 26/3/2012 12:23

Dave/Chip,

You may be interested in this post from Stockhouse which lists the OZ tin companies and their respective resource figures:



Interesting that Toyota have taken a stake in Kasbah - we'll probably see more of this soon.

According to the news releases, Eurotin is currently drilling a 200m X 200m drill grid at 25m centres at Oropesa which should result in an initial 43-101 resource calculation in the next couple of months or so. They also have a number of holes outside this grid to the East so, hopefully, the resource will be substantial.

Re WLFE, the tin is a nice earner but at 500+-t a year it is not a ruffler as you say. Didn't know about the Minsur Brazil resource which seems very large even though it is equivalent to less than 2 years of global output. Indonesians now ordering expensive offshore barges as inland prospects drying up.

[chipperfrd] 20/3/2012 23:58

DoobyDave

Thanks for that. Looks like around 13 days of world demand in stockpile.

Just as an aside. WLFE does have 80.26kt of Sn as a bi-product of their Tungsten project at the old Hemerdon mine in Devon.

Not in itself likely to ruffle the feathers of the global tin market but still worth a fair bit - and in the UK as well.
Chip

[doobydave] 20/3/2012 19:57

I notice the tin price is now above $23,000/tonne - I wonder if the Indonesians are exporting again?

A week ago, the LME Warehouse stockpile stood at 11,595 tonnes - a further reduction. Almost 90% of that sat in Johor, southern Malaysia.

Meantime, Eurotin should be releasing the remaining Oropesa holes fairly soon, I would have thought. The last lot looked pretty good.

[pecker1] 09/11/2011 10:24

Chip,

Thanks for that and note your take on the chairman!

I see that LME tin stockpiles as of yesterday were down to below 15,000t, equivalent to about 15 days of global production. Price, not surprisingly, moving up and now over $22,000 but still well below what Indonesian tin refiners want.

Found this today - Venture minerals (VMS on the ASX) - which might be the Tasmanian explorer I had heard mentioned rather than MetalsX:



Big widths but pretty low-grade tin compared to what Eurotin is drilling, though venture are further down the road to feasibility.

[pecker1] 27/10/2011 14:50

I think the tin miner in Tasmania to which I referred in the post above is a much larger, diversified company called MetalsX



It's a producer as well as an explorer and currently produces about 2.5% of global tin production.

[pecker1] 27/10/2011 11:19

Perhaps the picture of the tin man sums up a popular perception towards tin as an investment. But tin has moved on and now more than half of all tin mined is used in the electronics industry where it has largely replaced lead. In my view, it is the dark horse of the base metals, the market is in deficit, there has been no major tin discovery for the last 20+ years, and there seem to be very few explorers around with promising large-scale projects (but I don't know about China).

From 1 October, a group of Indonesian producers (fed up with Western hedge funds and others shorting the tin price to oblivion) imposed an export ban on tin which they will not remove until the tin price exceeds $23,000t.Since then the price has recovered from below $17,000 to over $21,000 and LME stockpiles have fallen from around 22,500t to 16,500t.

This is significant because the decline in the stockpiles will soon reach a point where industrial end-users will panic buy to secure supplies. And the fact that the Indonesian producers have acted together like this - and could do so again in the future - will put a premium on any new source of tin outside of their control.

A week ago or so, I posted about tin on Chip's base metal thread but I think the two companies I mentioned are not eligible for inclusion in his list. These are:

1. Kasbah resources, listed on the ASX, with a project in Morocco.



2. Eurotin Inc, listed on the TSX, which has both hard rock and an alluvial projects in Spain





And a third I found in the October issue of Resource Stocks, pages 74-75,

3. Consolidated Tin Mines, listed on the ASX, with projects in the Herberton district in Queensland.





The market caps of all three are puny and their share prices have been hit like many other small mining companies. As they are quoted on recognised exchanges, they can be put into an ISA.

Having loaded up on copper producers like WTI and FM, I wanted to diversify a bit. I have already taken a position in Eurotin, so I'm biassed, but I think their two main projects could be very interesting and their informative website is a cut above the rest.

I think there is also an OZ miner/explorer in Tasmania which I will add to the list.

If anybody else thinks tin has potential and knows of other companies with interesting projects, please could they post them up here.

[topbidd] 04/11/2010 14:04

Hi Energyi,

Some tin news.

Tin mining restarting in Perak Malaysia & some tin analysis for the star commodity so far in 2010.

Enjoy:-)))

[nabcom] 15/11/2009 09:31

Released by

ETFS Tin (TINM)

ETFS Short Tin (STIM)

ETFS Leveraged Tin (LTIM)

[briarberry] 05/10/2009 15:17

Tin - The mystery investor who is turning the tin market on its head

A single investor – thought to be a hedge fund – is sitting on thousands of tonnes of tin in warehouses across London. According to traders almost the entire stocks of tin on the London Metals Exchange (LME) was bought up by a single, mysterious investor, last week.

One fund has warrants for more than 90pc of all physical tin stocks because the market rules dictate that above this threshold, the buyer must lend out the commodity, if asked, at the cash price with no premium.

Industrial buyers are furious that they are paying up to $730 per tonne for immediate delivery more than it would cost them to buy three-month futures contracts, arguing this stranglehold on the market should not be allowed to happen.





Is it the Tin man ?

[toptrump] 16/7/2008 23:00

Oooop, ooop, I got my cheque today!

[toptrump] 22/5/2008 11:15

Tinopolis completeing due diligence on a US soprts production co. Winnercomm - £40m

[ludlow3] 14/5/2008 15:15

mdw. up 1.25p since i said very nice now 10p more ,

[ludlow3] 13/5/2008 09:05

ig just my view but watch or buy.

[igdavies] 12/5/2008 14:51

By the way this is the kind of buying we could have done with a few months ago!

[igdavies] 12/5/2008 14:46

Ask Ludlow - seems to have 1 or 2 up his sleeve that look promising - AFD and MDW

[mam fach] 12/5/2008 13:56

Why would anyone be buying shares at 45p?Surely it is too late to buy now or are they actually sells that are reported as buys.

[robsy2] 12/5/2008 13:55

any ideas where to put the money?

[robsy2] 12/5/2008 13:55

just sold mine and got 45.33p a share which was nice.

[igdavies] 12/5/2008 11:48

looks interesting. AFD been a bit up and down, but nice upswing end of last week. Dunno much about mediwatch - where did you hear about them?

[ludlow3] 12/5/2008 09:47

ig did you read my post and tips.now have a look.

[igdavies] 12/5/2008 08:35

Good points, however the crucial point is about getting a good price for the co. I suspect All3Media will get in the region of £300m+. They have a good, and vast buisness.. whereby they attracted the attention of a private equity firm at an early stage in their development.

Similarly look at how Elizabeth Murdoch's Shine Productions has significntly increased their value via numerous acquisitions in the last 18 months - now valued at around £250m!

These co. have been able to pay the higher premiums put on co. unlike listed co. such as Tinopolis, RDF and Shed.

It will be interesting to see Tinopolis's develpoment in the forthcoming months - I suspect a lot of acquisitions!