RE:RE:tmm valuation
Some people on this board need to repeat Kindergarten as they seem to have missed the lessons on manners. As far as TMM goes, the last 2 acquisitions they did make TMM more leveraged to the gold price. Leverage works both ways. When gold was near $1300 and threatening to break out leveraged stocks did well. When gold falls below $1200 with worries of it going even lower leveraged companies underperform others with stronger balance sheets. Personally, I think gold is going up so I bought some TMM @ $1.04 a couple of weeks ago and bought more at 82c a couple of weeks ago. I am not too concerned about short term price movements nor do I have concerns about Bruce's ability to lead this company. I am just going to sit on my shares and wait for the inevitable price increase, Frankly, if you have no confidence in management or the price of gold rising in the long term why are you even in this stock? Bob