Like most of the longs I am behind on this one now. I promised myself I bought my last share. However, promises are made to be broken so I bought another 10,000 at 2.22 yesterday. I use this board as TC anonymous meeting. I am Jim C and I am hooked on TC. Even with today's, I just can't foresee a losing quarter again for years. I am willing to sit and wait.
to the board,
this energetlc77 is an insane person.
For some reason, known only to him, he believes I am this person that he apparently has a "mission" against.
He also believes, and has posted these same accusations about MANY other people who I know are not me.
I don't even know anyone named Bernie, and I am not Bernie.
How do I know that he has posted this about many other people? I clicked on his id, and viewed the history of his posts, which I invite you to do and you can see that he never contributes anything to the boards but these accusations. A very sad , sick person he must be.
I don't know how this got started. Apparently when anyone posts on a board where one of his targeted aliases has posted, and heaven forbid, if they reply or converse with one of his targets, they get added to his list. He then follows those people around and posts what he did above, or something similar. Click on his id and see for yourself.
I know any comments will be just speculation but when the inevitable market correction happens do you think tc and other commodity will sink further, be stagnant, or rise. My theory is that money will flow out of the pumped up social media stocks and other overbought sectors into under valued sectors like mining stocks. Or is this just my fantasy and everyone will stash there profits in cash sending TC to $.10.
Hundreds of aliases. Soft basher. Liar, shill and forklift driver extraordinaire.
Clown has been at it for years. A real prize.
Bernie Ellis, Call or txt.
Hmmm. It may be better than taking advise from a "foogie". Anyway, that is beside the point unless you want to make it so. I'm merely repeating what you have previously stated. After all, you are the "numbers" person.
It's amazing that Perron should have such an unfavorable view of moly prices for the next 5-6 years. 5-6 YEARS? Oh really, who is he talking to? It's just another example of Perron's overly cautious outlook.
Hey stupidlame. It's time to keep your mouth shut too. You certainly don't bring much to this MB unless you count an exchange of ignorance.
Ultra's data and financial projections have proven to be correct. His assumptions of how TC would, or should act on that data have been both logical, measured and even conservative.
TC has decided to take different actions, repeatedly and against both obvious facts and apparent common sense. TC has also failed to communicate effectively with the financial community.
Is it Utra's fault that TC keeps obamin up it's key decisions repeatedly?
Perron appears to be a solid mining engineer, but he's proving at best to be a hyper conservative manager with tunnel vision on retiring the debt and little else, or at worst to be a lousy strategist and a poor communicator.
Perron would be better served being on the phone trying to convince Elon Musk to build Teslas out of molybdenum rich stainless steel or something equally as bold.
Sentiment: Strong Buy
Moly price got clobbered again today. Time will tell if Perron's decision to put TC on C&M was the correct move. In the mean time, Perron better get the most out of Milligan. I believe he will.
His messaging on this is way all over the map and inconistent. For all his trying to "under promise / over deliver" sandbagging stuff he's been telling analysts to (theoretically) develop credibility/etc, it's going to do more harm than good if he turns around and jerks them around with C&M if reverses course to do P8. He is sadly mistaken if he thinks that's under promising/over performing and not jerking off the analysts instead.
Besides, he keeps saying that building and saving cash for debt (admirable) is his schtick. Well, $11 moly at TCM is a cash builder! C&M is a cash burn by definition. Riddle me that little mystery Perron....!
Excellent. Thanks for debrief gtstock. Much appreciated!!! I was wondering if he was going to speak - that answer that question and then some.
I totally dont undertand Perron's thinking. C&M for the next 5 years is more economical than P8 once the EIS is final? P8 is a positive NPV. C&M is a negative NPV. You dont even need a spreadsheet DCF model to know that a positive number (P8) is a negative number (C&M). I learned that + - in about the 2nd grade or so.
What the heck is he thinking?!?!?!
What will change next year? Being leveraged to metal prices? TC is not particularily leveraged to gold since 52% of prod is sold for $430/ounce.
If you don't like it here at this MB, why don't you just leave? Why torment yourself? There are many other MBs in order to sell your wares of despondency.
If you feel that way, why don't you close out your account in TC? You can still do it before the SP of TC hits $2. Or is it $1.80 as you say. You should practice what you preach.
The fact that economic growth in China is slowing noticeably plus all of the negative news about China has weighed heavily on most mining stocks. Secondly, the strong US dollar has put enormous pressure on the prices of commodities especially metals. And TC is highly leveraged to metal prices. Of course, that will start to change next year.