If you were expecting a turnaround to materialize overnight, your expectations need to be put in check. This is a MULTI-YEAR play... not an overnight hit.
Thx. Nickel did get slapped today because of fears of a slowdown in China. But, no one can really figure China out - every time there's fear of a slowdown, then there's hope for stimulus.
I for one cannot wait for the tMeds to expire next year!!!! Just to make this whole thing cleaner for everyone as far as knowing for sure what the naked short vs arb shorts were.
Youre a rocket scientist for figuring that out... no one knows what the price will be day-to-day. #$%$, what we "know" is that the price will be significantly higher a year from now that it is today. The interim guessing is watercooler chatter not unlike fantasy football banter with your friends. May not know what Brees is going to throw for a particular weekend (like you said, guessing) but you do "know" that he's going to be one of the top QBs in the league and among highest point totals at the end of the season. Anyway.... chill. Relax. Just enjoy the ride up.
It sucks to come on here everyday to read, "We're headed to $4" or "Here come the heavy hitters look out for $3", or "Insert meaningless $ here". I've watched most of the posts here for the last 18 months. Half of them on "good" days are baseless here comes $X.XX threads. Truth is no one knows. Just lots of guessing.
It's Putin's fault!!!!!!!!!!
He's going to invade/take Ukraine and combined with the coming bad #'s out of China and the EU and the US if they EVER tell the Truth, and we got another Crisis...
Why??? Cause Putin is getting even for the US wrecking the USR economy and causing the collapse... Besides, he gets even AND gets to keep the Ukraine... You don't think the KGB Guy is afraid of the 'Community Organ-izer' or the US...???
The Beatles said it... 'Back in the USSR'...
Call it a USSR/KGB downgrade....???
Why don't you then construct your own 2B copper and gold mine? I am sure you can get it done in less than a year.
Gold sold off today in part to selling in India. The Indian government is attempting to tax gold when it is purchased with cash. Previously, cash purchase of gold in India was not taxed.
Really, don't bet the farm on analysts quickly figuring this out. At some point though, the numbers will flog them about the head and shoulders.....
Sentiment: Strong Buy
Tmed is like a convertible debenture. Many corporations use this financial debt vehicle to raise funds. And it can be very attractive both to the issuer and the buyer. In TC's case, Kevin didn't have much choice concerning the raising of capital for the construction of MM. TC was effectively locked out of the credit markets and TC had or was in the process of selling off part of the gold stream from MM. I'm no fan of Kevin Loughery, former CEO. Nevertheless, he didn't have many options. Foggie spoke to him at the 2012 annual meeting (correct me if I'm wrong) and Kevin explained to him that he (Kevin) didn't have much choice in obtaining funds for the construction of MM. Then again, let's give credit where credit is due. He was instrumental in the purchase of Terrane Metals. Without Terrane, where would us longs be? The purchase of Terrane with all of its baggage was and will be a boon to TC. Without it, TC is just like GMO and less than TGB.
It is my fault sorry, I sold the 2000 shares yesterday for $3.02 that I had purchased at $2.62 and this caused the market to turn negative on TC. On the plus side I rebought them this morning at $2.74 which has now caused the stock to jump.
$2.60 to $3 is the new $2.10 to $2.35
Soon it will change to swinging from $3.20 to $3.60