buy (back) low and waitRegarding the latest posts, once again: patience, guys. When you bought the stock you knew that numbers are out every 3 months and not every 3 weeks no? ;) So just hold your stocks till 17th of November, when numbers are out. Your reward will be that there wont only be numbers with a small net profit, but more good news (it might be published altogether). This will boost the stock to new yearly highs.
For all those being short and trying to buy in now and therefore bashing the stock: you better hurry up buying it back now, its not gonna get cheaper again, just watch the zinc price: we re in profitable territory and will stay there, so the stock price will go back to book value = 0.50 CAD in the next 2 quarters. It will easily be up at 0.25 after the Q3 numbers and the other news coming. So as much as I understand you guys having profitably shorted the stock the last months: the one who buys back last, is ....well you know ;) You better use the time before the 17th of Nov.
One more: we all can see in the zinc chart that zinc might be even heading towards new highs: I dont count on it at all, there s a possibility for it to break through the 1.15/1.16 USD/lb spot level and head to 1.30 USD/lb till year end with higher demand from consuming countries going up plus stimulus package plus Pfizer/Biontech probably announcing the vaccine end of November (watch the insider buying in Pfizer stocks). https://economictimes.indiatimes.com/markets/commodities/news/zinc-futures-trade-higher-on-spot-demand/articleshow/78747274.cms?from=mdr
If this happens, we all know what that means for Trevali and the stock....but even just counting on the zinc price to stay in the 1.10/1.15 range, things are a perfect setup. So once again: buy (back) low and wait :)