TSX:HSE.PR.B - Post by User
Post by
onec007on Feb 24, 2020 11:12am
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Post# 30726027
Sent a long email to IR and Peabody
Sent a long email to IR and PeabodyAm absolutely disgusted by lack of transparency and acknowledgement. This garbage company rises few pennies but when it falls it falls 5+% . They should follow HBC's cue and go private. I definitely am lowering my expectations of any rise.... Initially I thought $20 then lowered it to $15 but now I'm lowering my target to $12. Reason being: energy market is absolutely hated!!! Gold has soared to near all time highs yet most gold producers are no where even close to their highs. Most energy producers are significantly undervalued and shareholder value means nothing if investors are not buying it up. The old thesis of lower oil prices will persist. Only hope is this garbage company maintains divy to help most of the investors lower it's break even. Am already down substantially and my avg is not even double digits so talk about insanity! Teck investors should be rejoicing that the ceo decided to pull the frontier project because it was never and will never be economical.