RE: Can you say infrastructure? Sunshine; Buy TD at $40 and wait until it goes to $100? Or ,buy $4 TCM, with its cash and wait for $10. I'll take the hare, trading at cash, with nothing priced in for assets, proven or probable.Also, TCM trading in CDN$ and Moly priced in US$ gives TCM a nice premium, short term ,until the US$ begins to get crushed,enforcing moly price higher,along with increasing demand...infrastructure build.
Western governments have wallowed for years, about needed infrastructure investment and having no budget.Well, here it comes,along with all the reasons we're here, prior to this financial crisis. My biggest assumption is that moly spot price is outta whack now and will recover nicely,when cooler heads prevail.Or we're all under the bridge, once it get's re-built ! IMHO