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Thompson Creek Metals Company Inc. Message Board

  • dtimepalm dtimepalm Nov 9, 2012 3:37 PM Flag

    some math calculations to buy or sell tc

    For my followers this is what the loss of money does to humanity. As you can with your own eyes . The fact that tc has gone from $13.00 when I first recommended to sell all the way to becoming a penny stock has frustrated investors and some #$%$ like stip and so on. You know who you are proves that you should have sold. How can you argue not to sell when tc was $13.00, $12.00, 10.00, 7.00, 5.00, 4.00. 3.00, 2.44, ?. So next time you have a point bring some facts other than your name calling. The beta systems never fails tc is a dog. What do you expect tc to go to with this much debt? After the gold mine gets done 52% goes to royal. To get 100% of the gold out of the ground, labor and so on equals $500.00 per ounce. Lets use 10 ounces as example. $5,000.00 for 10 ounces, Now 4.8 ounces goes to TC and 5.2 ounces goes to royal. So $5,000.00 is what it will cost for 4.8 ounces of gold that tc gets to keep. 4.8 x $1700.00 equals $8,160.00 which is $3,160.00 profit. Can tc afford all the expenses of the company to stay in business? No way will this stock ever be a home run even after the gold mine gets done. I used this example as a simple way to think about what your really getting into. The reality is it will cost more than $500.00 per ounce to get the gold up.

    Sentiment: Strong Sell

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0.5701+0.0001(+0.02%)Aug 3 4:02 PMEDT