TC beginning inthe fall of 2013 is adding 81million pounds of copper and 87,000 ounces of gold to its bottom line. (yeah I extrapolated after Royal golds share.) roughly 483 million to the bottom line for the next 22 years .Adding roughly 3 bucks(of course there will be expenses and taxes) a share for the next 22 years on a 4 buck stock. It doesn't take am atheist or rocket scientist to figureout how much this stock is undervalued.
The only reason for this stock to test 3ish price is the MM project significantly delayed or the moly price tumbled, say $8/lb. otherwise, no reasonable person will sell below $4. Maybe Dtime has different opinions, even crazy ones are welcome since i just can't imagin one?
Funny how little we add the possibility of moly adding to the bottom line. This stock reminds me of LVS at the bottom where just the opening of a single casino in Singapore was worth the risk of owning the stock let alone all the other casinos. This stock is priced for NOTHING to work out. Milligan is the jewel and will take this stock high quickly when it can wash rock. The world economy is improving look at the Japanese stock market on a tear, Europe not in the news, USA still weak and the market is on a tear. I take risks, I buy cheap. I'm selling a lot lot higher. If you aren't going to buy now when are you going to buy???