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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by kramaswamyon Nov 18, 2020 10:53am
190 Views
Post# 31922035

RE:RE:Let's blast through 0.20 this week.

RE:RE:Let's blast through 0.20 this week.Back when spot price was around $0.9, time was our enemy. Every day that passed was another day that Trevali was losing money, another day they were inching closer to bankrupcy.

At current spot prices of $1.15-$1.20, on the other hand, time is our friend. Every day that passes is another day that debt goes down, another day that cash on hand goes up.

The best thing that can happen for Trevali right now is ... well, *nothing*. Literally freeze the current state of the market and company for a year or more. Share price might not go up because nothing happening isn't sexy - but if nothing at all happens for a year, a year from now Trevali will look like a very attractive investment - a mining company with low debt, three mines fully functional, and several exploration assets to expand into.
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