GREY:TCEGF - Post by User
Post by
10acityon Apr 02, 2010 2:42pm
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Post# 16952398
What I am watching when considering Terraco
What I am watching when considering Terraco
I am watching several other developments when I look at Terraco.
1. I am tracking Midway's drill results and developments at their Spring Valley Project. As they progress north, I am interested to see how close they basically get to Terraco's Moonlight property. The better the results with Midway as they draw nearer to Moonlight means more information for Terraco.
2. I also have Landen Capital on one of my tracking lists. Terraco got 500,000 shares from Landen as part of a previous agreement (re: Bonanza property). Again, as Landen Capital's share price improves, that's a little more money in the bank for Terraco to potentially use down the road reducing dilution for shareholders. Michael Berry wrote a piece about this on Dec. 21st 2009. www.discoveryinvesting.com/.../MNs_Monday_December_21_2009.pdf
This is one of those slooooow stocks to have and just check on now and then. If someone is looking for a quick in & out stock to trade, you might want to look elsewhere. I'm in for a longer term basis.