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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 AlfTanneron Jan 18, 2021 5:12pm
308 Views
Post# 32322586

RE:RE:RE:RE:2021 forecast

RE:RE:RE:RE:2021 forecastbloomindle, I fear you are correct that there is no hope for the bone headed management, and this company is being run for Glencore's benefit, not the share holders' benefit.

That said, this stock is one of the best proxies for the price of zinc that I could find.  I think that zinc will hit $1.50 this year, this stock is undervalued with the current price of zinc, and the stock is nicely leveraged.  Unfortunately, some of the leverage was squandered with that really dumb breakeven deal on Caribou.

I actually made some nice money on this stock in 2016, and I am showing a good profit now as well, so I would not consider this stock to be a waste of time.  However, it is a terrible long term holding because management is so bad.  They buy back shares when the stock price is high, fail to hedge when zinc is dropping, dilute when the stock price is low, and hedge when zinc is rising. 

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