RE:RE:RE:RE:RE:Eight Capital: Sell rating and C$1.00 target for TrevaliI will agree to disagree on this one. You have some valid points but you are missing that the overall comment was not just based on this one analysis but the overall incorrect predictions by brokers and big banks that really dont follow every stock.
On this stock there is a range of 50 cents to 5 bucks right now. TD, for example has updated it at 0.90 cents per share (down from 2 bucks) but most of the data on TD waterhouse is outdated or simply incorrect (showing 35 million in earnings for Q4 for example). They simply plug numbers into a spreadsheet and give out the inaccurate results.
Once again, i will repeat until im blue in the face. Next quarter will be very bad, maybe rest of the year but its already priced into the stock. At 6 cents (pre consol) and big brother Glencore wanting 12 years of zinc offtake from RP they will keep this entity going.