Long Term TRQ
As always, lots of insights and opinions on this board. IMO, a great way for a young investor like myself to supplement his research on a company. Of course, any comments and or advice on these boards needs to be taken with a grain of salt, but doesn’t hurt to hear what current shareholders are saying.
I am not invested in TRQ and based upon everything I’ve heard on this board and then factoring in my own research and thoughts about this company, will continue to hold off for the time being. If I continue to wait and no deal appears to be imminent, maybe I can enter around the three dollar mark or below. If I’m paying attention and news is announced that terms are being agreed to, then I should be able to enter on the up swing that should go very very high. At the end of the day, my bankroll isn’t big enough to take a large stake, but maybe buy 5K worth within my TFSA. Add to my position if I can as time goes on. My investment horizon is loooong, so I’ll be able to sit back and enjoy the ride.
I mean at some point, whether it’s tmrw, this month, next quarter, this year, or beyond, a deal is eventually going to get done right??? So the questions becomes when? What are the terms? New financing? Construction timeline? Start of production? Where are commodity prices heading? Will the stability last in Mongolia? Possible Buy Outs? And the list goes on and on and on...
*BTW, sincere hopes that those with avg dollar costs in the double digits will see brighter days ahead, patience patience patience is what they say right?