Claude refinanced 10% debt down to 4.8% plus generated an extra $6 million in cash this quarter.
TC just needs to fire Perron and hire Claude's management.
You have private on ignore? Am I on your ignore? I am sad if so, because I miss the "we don't need no stinkin buyout" comments.
What happened to PAL?!?? I just looked and it says $0.00 for the trading price. I remember you talking about gains in it just a few months ago.
Mining is just a hole in the ground where our money goes to rot.
I took a chance on the recent trip to the low $16 area and bought a lot (for me) of Jan 2017 $13 calls. 100 of them for $4.20 each. I would love to see $20 by 2016, or even 2017.
And this is different how than any other technology that has a patent? You were always free to spend your own $11,000,000,000 developing your own cure. You are not free to steal their work.
When I finally sold all of my common stock at the $1 to $1.20 area, I thought I was being shortsighted too.
Of course I went into the bonds, which may end up being just as bad. At least with the bonds I get to see some money come back...for sure at least a couple of payments. Most likely the bonds continue to be paid until TC is down to $75m or so cash on hand...so they should be good until end of 2016.
It is all really a river of YahooCrap though isn't it?
And we thought profits were going to come from HCV
Eh, I don't know anymore. I haven't actually put any money into mining or oil in months except for a recent purchase of 2019 TC bonds at $61 or something.
I will be so happy if copper rebounds, TC gets back on track and the shares go to $2 and the $61 bonds go back to being worth $100.
$0.20 to $2...somewhere around that area.
Think it can't hit $2? If they come up with a solid refinance plan and copper gets back to $2.70, $2 is pretty easy.
Think it can't hit $0.20? If copper stays below $2.30, or falls to $2 and TC keeps playing bond games, $0.20 is pretty easy.
How long does the battery last on a Tesla in Fairbanks when the temp is -50? Hope you have blankets in the car!
It isn't going to take 3-5 years for Gilead to get back above $104. More like 3-4 weeks at most.
I don't care if Gilead goes to $80, it will be back over $100 soon enough, when they report earnings.
Technically that would only be half of the remaining buyback kitty.