1 + so far this morning , banked more profit @ 95 and 109

In moneyam's top raises today at 14.00

TRI-STAR RES. ORD 0.005P 1.07 up 27.22%

Aldogreat viewyou could have built a decent lean-to.. facing the viewand Im not over keen on your vehiclesother than that .a 3star gaff with potentialhave the neighbours complained about the fence?

think thats one point 07pennies not 's ald.....

Baler...youre right...hope Aldo aint been spending all that money he thinks hes made...... the gravel drive will have to stay...

Sold all mine @ 1.10

new drive then.......lol

Aldogood for you.hope they paid you out 1-10?

Drilling new's coming soon , but they have gone up 80% + since i bought them one month ago. But my profit is only 50% because i have been locking in gain's on the way up.

because you're a prudent chap

thats not what you call me cynic........

THE DAILY EXPRESS
Italian job talk lifts Resolution
Hopes of Turkey drilling update lift Tri-Star Resources

http://moneyam.uk-wire.com/Article.aspx?id=201012170700071483Y

Back in @ 0.91

Aldo....0.91 of one penny...

Topped up today.

China defended its policy of imposing strict controls over the export of rare earth minerals.

up 18 % so far this morning

1.14 bid this afternoon now back to 1.11

Antimony supply really has collapsed

Antimony is a rare, silver-grey metal. Its most common use is as a fire retardant in objects as diverse as toys, clothing and car and plane seat covers. As an alloy it is also used in soldering, in lead batteries and in ball bearings. It is now also finding some use in microelectronics.

It's a tiny market. Worldwide 187,000 tonnes were produced in 2009. To put that in perspective, somewhere near 16 million tonnes of copper was produced in the same time.

But here's the clincher: of those 187,000 tonnes, 170,000 - or 91% - came from China. But China has capped production this year to 100,000 tonnes. With demand unchanged above 150,000 tonnes, this has forced a supply crunch. As a result, the price has tripled, from $4,000 a tonne in 2009 to about $12,000.

Even at these high prices antimony will still be bought. The amount of metal used in, say, a seat cover is so small that a higher antimony price barely affects the overall economic viability of the industrial item in question.

Nobody quite knows why China has capped production. In the central province of Hunan, which produces about 60% of the world's antimony, hundreds of illegal antimony smelters have been closed down. This may be to do with pollution. The area has a high rate of lung cancer and other illnesses. Antimony and many of its compounds are toxic. The effects of antimony poisoning are similar to arsenic poisoning. Some of the smelters have been told they may re-open once they comply with environmental regulations.

In that context, you can understand China's decision. But the challenge now is to build viable antimony mines outside China. And that's a challenge that's being led by - of all people - the Chinese. Last year the Hunan Nonferrous Metals Corp - the biggest antimony producer in China - paid $29.5m in cash for the Canadian Beaver Brook Antimony Mine. This was North America's only producing mine.
It's hard to find pure antimony explorers

Several other countries look to have significant reserves, including Australia, Bolivia, Canada, Thailand and Turkey, among others. The problem for the investor is that it's hard to find pure antimony plays.

Mountain Lake Resources (TSX.V: MOA) - an explorer I like the look of - might be onto something at its Little River Gold property in Newfoundland. But the company is, in its own words, 'focused on gold exploration'. The same goes for Silverado Gold Mines (SLGLF.OB) which seems to have found something at its Noland Creek project.

Listed on Aim in the UK - and regular readers will know I'm not keen on Aim - is about the only pure antimony exploration play I can find, Tri-Star Resources (LSE: TSTR). But the horse has bolted. Since September it's risen from 0.35p to 1.16p. It's not hard to see why given the antimony story, but this stock now has a market cap above 50m.

To me that's excessive. Its main property, the Goynuk mine in Turkey, may well prove to be the real deal. But it is still, in the words of Tri-Star, 'poorly explored'. In other words, until now, it hasn't been properly drilled.

A 17-hole drilling campaign began in October but we still await results. I'm not saying it won't go higher. But it's hard to justify this valuation at this stage in the company's development. I don't own stock in this one.

Drill results due end of month , price brake out this week