The big mistake that people keep making is trying to draw comparisons between tin and the big industrial metals. The same rules don't apply, simple as that. Here's the reasons why: -
1. Tin demand is governed new principally by the demand for consumer electronics, there has been no fall off in that demand, as a result there has been no contraction in the tin market, unlike say copper and iron, which are strongly linked to the development of emerging nations like China and India.
2. There are very few tin producers, meaning that the loss of one mine makes a massive impact on worldwide supply, particularly when that mine is San Rafael, which is currently winding down towards total closure in 2 years.
3. Due to the tin crash of 1985, there has been a dearth of new discoveries as quite simply the price per tonne doesn't warrant an exploration programme, this means within the next five years there is likely to be a large spike in the price of tin, with it possibly heading towards $50k per tonne.
4. As exploration ramps up, the explorers will first look towards the known tin areas, with Cornwall being top of the list. Which is home to the largest known resources of tin. Tasman Ian will be second.