RE:RE:Massive Return Potentialnofluff wrote: November 11, pp was announced. Copper was at 3.10. On the 10th of nov. tko was trading at 3.30. Today copper is trading 3.50 and tko 1.43.
That gives us a 13 cent increase. So copper incresed by 55 cad cents. That is 55 million to annual bottom line. About 20 cad cents per share. Using a 15 times multipier, tko should have gained 3.75 cad cents for a total sp of 4.05.
So why do we just hang around a buck half?
Nf
BC while fundamentals should drive sp, it often more about fear, greed, emotion, hype, etc.