Copper has been down three days in a row now, yet we are green nearly 4% on solid volume. One wonders is some movement on P is afoot or perhaps the permitting question. In the alternative, maybe someone figured out that new ownership would be for the best. Comments anyone?
No news, but at some point soon, the seculators are going to start speculating. The SP should start to reflect whatever the increase in the market cap would be if P2 gets approved mulitplied by TGB's chances of getting it approved... If one speculates that P2 approval would add 6 bucks a share, and that it has a 40% chance, that would increase the SP by 2.40 per share pre-approval, etc. And regardless of whatever values gamers will put on it, I think it has a ways to run fairly soon.