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Teal Valley T.TV


Primary Symbol: P.TEAL

Teal is a Canadian, pharmaceutical & NHP manufacturer selling to Canada’s national, chain drug stores, presently expanding its portfolio to include cannabinoid-based products utilizing proprietary formulations & extractions for both the global Rx & recreational markets.


P.TEAL - Post by User

Comment by kramaswamyon Nov 01, 2020 5:36pm
237 Views
Post# 31820652

RE:interesting week and future outlook: beers :)

RE:interesting week and future outlook: beers :)I dont think any of the regular posters here will be selling any time soon - but I wouldn't consider that a vote of confidence.

Most of us long-time holders had exactly the same opinions as you - just that, at the time, share price was $1.5, and spot zinc was bouncing around $1.4.

I'm happy for you that you feel optimistic, but most of us are just waiting for share prices to rise even remotely close to where we bought in at, so we can sell and move on.

So far, Trevali management has given us absolutely no reason to be giving them any accolades. They're alive in spite of their managing, and not because of it.

As for 2021 - realise that we are in the midst of a supply rebound as well. COVID has temporarily suppressed demand, and so inventory levels are rising up - as the vaccines become available and life returns to normal, you are correct that demand will start picking up - however, supply will continue rising as well. I would not expect to see a deficit in zinc for many years to come.
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