RE:RE:RE:RE:RE:RE:RE:RE:a buyer pretending to sellpokinfun wrote: Agreed the current market meltdown is akin to boiling a frog starting in cold water.. Share holders ( being the frog) are being slow boiled as to not create that same intense fear as being dropped into a already boiling pot of water..I have ZERO doubt ( I only have 50 plus years experience so could be wrong,,,,, NOT) the other shoe is yet to drop and it'll be more of a boot than a shoe when it drops.. I will buy TKO once we are closer to a buck.. I'll let you know when I buy.. AND very telling lowIQjoe and JCsnufflejones are absent with thier " copper to the moon, and TKO to $4.00 bucks gibberish.. It will go to $4.00 I'm certain but first it must stop at a much lower price. C'mon lowIQjoe,, let's hear you wit on current circumstances..
With the $4 puts, and TKO at a buck, it would be sporting a PE of around 4 and that would include the Florence expenditures. I think they have already spent $60 million or so of the Florence Capex. That buck price would be nice. I would like to get in at that point again.
China slowdown seems like it will bring down the price of copper more. The next few months will be telling. Unlike you, I have no idea what is going to happen, I am just trying to be prepared for everything.