SamHamrick
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Dear readers,
I wrote this to introduce you a very undervalued stock, some consider it the most undervalued stock in the mining sector, it is (LSE: SRX) Sierra Rutile limited.
I consider this stock the hidden gem at London Stock Exchange, and this consideration is backed by multiple reasons, let me state some of them at the following few lines.
– Sierra Rutile Limited SRL is a mining company with operations in the Republic of Sierra Leone. The Group is one of the country's largest private sector employers and produces rutile, zircon and ilmenite. The Group’s operations have historically accounted for over 65 per cent of the exports of Sierra Leone. so let's focus on Rutile, and see the other players at the Rutile industry.
– The mineral Rutile hosts the high grade TiO2 values. Pure Titanium Dioxide is an inert, non-toxic white mineral used extensively in the paints and pigments industry, which is a global $12 Bn enterprise. At present, there is no viable substitute for TiO2. Its high refractive index and high opacity makes it the preferred colour carrier for all pigments. So let's see who produces it.
- When you look at white mountain Titanium corporations (WMTM:OTC BB) in Chile, which is just an exploration stage Rutile mining project, didn't produce a single gram of Rutile, you will find it being traded on $2.14.
- When you look at Iluka (ILU:ASX) which is a big Rutile producer too in Australlia, you will find that their stock increased by 133% in the past 52 weeks.
- When you look at Cochin Minerals & Rutile Ltd. in India you will find that in the past 52 week its High & low prices were as following (146.80 - 47.25).
- Tio2 Titanium dioxide is now at a high of $4,325/tonne. This is a 52% rise from the same time last year.
- on 22 Dec 2010 Sierra Rutile Limited shipped Rutile at $2,700/Tonne, which represents a 285% premium over the weighted average price of $658/tonne in 2011, and it is believed that the prices would remain high. Demand is outstripping supply.
- SRL production for 2012 is under no contracts or long-term price commitments.
- SRL is expected to produce approx 20% more Rutile in 2012 compared to 2011.
- SRL has about 10% of shares in public hands, and any newbie knows that Pala (PML) is working very hard on buying them from the small investors with the lowest possible prices, they offered 25 pence on 4th Nov.
- in the past 48 hours SRL directors made purchases of 70,000 shares from small investors.
After showing you these multiple points, don't you think that I just introduced you to a real hidden gem I will be happy to discuss your opinions & comments on this hidden gem.
I wrote this to introduce you a very undervalued stock, some consider it the most undervalued stock in the mining sector, it is (LSE: SRX) Sierra Rutile limited.
I consider this stock the hidden gem at London Stock Exchange, and this consideration is backed by multiple reasons, let me state some of them at the following few lines.
– Sierra Rutile Limited SRL is a mining company with operations in the Republic of Sierra Leone. The Group is one of the country's largest private sector employers and produces rutile, zircon and ilmenite. The Group’s operations have historically accounted for over 65 per cent of the exports of Sierra Leone. so let's focus on Rutile, and see the other players at the Rutile industry.
– The mineral Rutile hosts the high grade TiO2 values. Pure Titanium Dioxide is an inert, non-toxic white mineral used extensively in the paints and pigments industry, which is a global $12 Bn enterprise. At present, there is no viable substitute for TiO2. Its high refractive index and high opacity makes it the preferred colour carrier for all pigments. So let's see who produces it.
- When you look at white mountain Titanium corporations (WMTM:OTC BB) in Chile, which is just an exploration stage Rutile mining project, didn't produce a single gram of Rutile, you will find it being traded on $2.14.
- When you look at Iluka (ILU:ASX) which is a big Rutile producer too in Australlia, you will find that their stock increased by 133% in the past 52 weeks.
- When you look at Cochin Minerals & Rutile Ltd. in India you will find that in the past 52 week its High & low prices were as following (146.80 - 47.25).
- Tio2 Titanium dioxide is now at a high of $4,325/tonne. This is a 52% rise from the same time last year.
- on 22 Dec 2010 Sierra Rutile Limited shipped Rutile at $2,700/Tonne, which represents a 285% premium over the weighted average price of $658/tonne in 2011, and it is believed that the prices would remain high. Demand is outstripping supply.
- SRL production for 2012 is under no contracts or long-term price commitments.
- SRL is expected to produce approx 20% more Rutile in 2012 compared to 2011.
- SRL has about 10% of shares in public hands, and any newbie knows that Pala (PML) is working very hard on buying them from the small investors with the lowest possible prices, they offered 25 pence on 4th Nov.
- in the past 48 hours SRL directors made purchases of 70,000 shares from small investors.
After showing you these multiple points, don't you think that I just introduced you to a real hidden gem I will be happy to discuss your opinions & comments on this hidden gem.