RE:RE:RE:SpThe arrogance on these boards is amazing. Many of you "genisuses" ridiculed me when I was previously buying at $1.75, $1.90, $2.10, $2.20, etc, when I said that there was EXTREME value there, and here even imo, right now! But nope, may portrayed gloom and doom and it persists here today, with some fretting about, "Oh, how will their debt be paid for?"
Many here are imo, about as clueless as some analysts, who don't seem to get that moly at $12, is a no brainer for TC to produce. So why would you "think" that they'd seriously go on c&m, with moly in the $14-15 range?! I know, the ceo floated that (lead) balloon, and many seem to have taken that hook, line, and sinker. He also said that they are looking into other alternatives, did you miss that part?!
If/once they start generating significant CASH, I suspect that they'll be in a position to refi their debt, lightening that load, and as long as moly, copper and gold hold their own, TC should do just fine. But continue to fret all you want, I am still looking to ADD. I suspect that Q2 production will indicate an earnings beat, which I expect to be confirmed in early August. I also suspect that they'll won't decisively say one way or another on c&m, until later in the year, so, you can continue to use that as the "boogey-man" in the room.
I don't pump TC, it doesn't need it, I merely point out that they are looking to become PROFITABLE a lot sooner than many, most really, analysts ever suspected, and I also post when I believe it to be oversold and am adding. As far as anyone being a douche, well, it's probably more descriptive of those who initially resort to insults rather than facts. Hint, look in the mirror! Looking at ADD between $2.43 - $2.75. It looks less likely that it'll drop that low, as even the majority of t-med holders seemed to believe that taking the conversion made sense, and imo, that bodes well for the future pps.