Well the price of TC stock is $1.20. That not good for the investor...that us. Mr Potato Head still get his weekly check. The miner still get paid. The creditor still get their money.
As the majority of posters here, Do has no answer. Even if Do have answer, Do have no power in this company. It out of our hand, guy. Let hope the price rise. Soon. Some guy can't take the heat.
In meantime, Do occupy time thinking of a few things:
1.) Planning upcoming trip to British Columbia and Alaska.
2.) Investigating if Weeb Hubell is the biological father of Chelsey. (The picture are intriguing)
3.) Reading about the toe-sucking habits of the British Royal Family. (Prince Andrew wasn't the first).
4.) Keeping track of one squirrel-like critter who has been infecting Yahoo message boards.
5.) There a secret investigation going on (Do not at liberty to disclose the detail)
They the major one. There a lot more. As Sister Knucklecraker used to say, "an idle mind is the devil's workshop".
But I do not completely believe any one source in this world of copper.
I have read 100+ articles and company releases over the past few weeks. These releases have addressed copper demand, supply, disruptions to supply, prices, China State grid, China property market, company forecasts for 2015 and why they missed, or not, 2014. They have dealt with Zambian royalty taxes, elections, late rain in the DRC, ICSG forecasts among others. I dare say 50% of the material is repeated from some other article, 25% is self serving, 5-10% are flat wrong/off base. That leaves about 15-20% worth perusing and that may be on the high side.
I don't see any group/company with a solid handle on this market. Glencore may be better than most, particularly at understanding the supply dynamics, but they don't have a solid grip on demand for the next 11 mos. because no one does. As much as I hate to say it, putting aside the hedge funds actions to lower the cu price, Goldman has made the right call in regards to prices so far and is sticking to its guns regarding the China slowdown. But, they haven't said anything about supply that I can find.
I hope Glencore proves right for the sake of my investment.
There are some real Do-fusses on here. How about posts concerning tc and the financial markets instead of bashing and lying and calling names. GROW UP. Thank goodness for the ignore button.
q1 is ok because of the hedging program, if cu begin to turn for q2 and out TC will have a home run.
In case you missed it, hedge fund manager, Joe Terranova, stated on the "Half-Time Report" (CNBC) that he had established a position in US.Steel (X) yesterday. X was up almost 11% yesterday. While I'm not suggesting that Mr. Terranova's action or X's movement has an direct relation to TC, it would seem to me that it is more than a coincidence. In my opinion, TC is in the process of bottoming.
BLM decision will have no lasting impact on the stock price. Mo is below $9/pound. They should stop limited stripping ASAP to conserve cash.
I think the snow storm was supposed to keep trading muted at the moment.
I don't know how much longer I can hold out hope. Cu and Au both getting blitzed again, LME stockpiles continuing to rise from wherever people were stashing Cu away at, I thought things were bleak 6 months ago, it just keeps getting worse. Don't get me wrong, I think the odds of a bankruptcy are basically .001%, and eventually it will go up, but goodness, Moly continues to go lower too, #$%$. The world no longer needs metal, end of story apparently.
Nope. Nothing helps them get their pps up. It's a black hole vortex of the financial markets kind.
Gatr: With all due respects, Arnold, or whoever he is, knows exactly what he is doing. A personality disorder????? YEAH RIGHT.
But did you think Glencore was wrong.......?
FCX.....? Compared to Glencore, FCX is a bunch of yahoo hill-jack pikers who just learned how to use a dial telephone........(metaphorically speaking, of course).
Glencore's got better information than ANY organization on the planet regarding the state of most commodity markets, including copper.
They produce them, deal in them, trade in them, they market and control the flow of most of them.
They just haven't figured out how to control the price of them (at all times), yet.
If Glencore says copper isn't in surplus (and won't be), you have to believe them......for they know.
Sentiment: Strong Buy
It's all about copper here now. $1.50 PPS when copper was $3.00. Of coarse we had no outlook yet. Another portfolio in at $1.51. I happen to not be. Now waiting for $1.0 or so if copper tanks more then were there. And if gold drops. Best regards. Itsa 1188
skippy, arnold has bullied other people and called them liars, etc., but has it crossed your mind that arnold MIGHT have a medical personality disorder than forces him to behave this way. I wasn't trying to be an arbiter of the board, I was just trying to inject some compassion for someone who might be deserving of some understanding. And if I'm wrong, so what's the harm.
Gatr: This is a free MB and people are allowed to post what they feel is relevant to TC and other relevant subjects. Frankly speaking I question what relevancy Arnold has brought to this MB. As for your claim that Do is "bullying" Arnold, Arnold has repeatedly bullied other posters on this MB and other MBs. Arnold's liberal use of the word "fraud" against other posters did not originate on this MB. If you should do any independent analysis, you see what I mean. And maybe you can tell me why Arnold uses so many IDs. Finally, let me remind you that you are not the sole arbiter of what is of value to this MB and what is not.
I think TC try to show that debt reduction is its priority. It would have work wonder if copper price stay around 3. TC copper hedged will help q1, and if copper rise begin q2 TC may generate enough cash in 2015 to pay off the 2017 note early.