RE:RE:so jcnofluff wrote: So a couple days ago I decided, copper bottom was in. So I starred buying on the down. Got 3 complete fills.
Just glad it was not my 40% wrong time:))
nf
Didn't selll, didn't buy, just holding.
Within a short time, this company will be producing 200 million pounds of copper per year. They will do it at an average cost of $1.40. EBTA at $4.50 copper will be roughly $600 million per year. That is 120% of the present market cap. 10x EBTA is a conservative market value for sp.
Thats roughly $22 sp for TGB (USD). Yellowhead, NP, and Aley are value on top of that.