Tucows Inc TC.P.T

Primary Symbol: TCX Alternate Symbol(s): T.TC

Technology Information Technology Services

Tucows Inc. is a global internet service provider. The Company’s segments include Ting, Wavelo and Tucows Domains. Ting segment provides retail high speed Internet access services to individuals and small businesses. Wavelo segment offers platforms and other professional services related to communication service providers, including Mobile Network Operators and Internet Service Providers. The Tucows Domains segment includes wholesale and retail domain name registration services, value-added services and portfolio services. The Company primarily earns revenue from the registration fees charged to resellers in connection with new, renewed and transferred domain name registrations, the sale of retail Internet domain name registration and email services to individuals and small businesses. Tucows Domains segment manages approximately 25 million domain names and millions of value-added services through a global reseller network of over 35,000 web hosts and internet service providers (ISPs).

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Tucows Inc > Reason for the drop this morning-Bad Info

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Comment by pfaffgauon Dec 20, 2012 5:38pm

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Post# 20758081

RE: Reason for the drop this morning-Bad Info

I listened to McCready. The purpose of TCM's $350,000,000 loan was to close out its lines of credit, where the covenants were a problem. McCready is out of touch. Also, with stripping at the TC mine having stopped and mining of new ore at Endako on hold, the price of TCM's production is probably $7.00 a lb for this and the first quarters of 2013......with moly at $11.45 a lb they should be positive on cash flow. If Mc Cready caused the selling today......it was based on bad data. IMHO

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