GREY:NEVDQ - Post by User
Post by
CuJunioron Dec 01, 2015 4:10pm
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Post# 24344331
How much is this stock worth?
How much is this stock worth?I think the huge rise in Thompson Creek Metals today shows that no one really knows what these small copper companies are worth. Since it is impossible to know what copper will do in the future, it is impossible to value these companies.
This uncertainty will scare off most investors, but for those willing to take a chance the odds are good. We are in a situation where at most you can lose 100% of your investment, but there is huge upside potential. I don't mind a 50/50 chance to quadruple my money.