sharepriceIn july copper was trading at 4.00 cad steady. Tko was at 75 cad cents and climbing. Copper is now 4.70 cad. That is 60 million more cads to the bank.
20 cents per share more earnings from gib mine and all the insitiu value of pipeline and tko gained 90 cents per share. That is less than 5 times.
Teck is trading 7 times there eps. So tko is likely priced fair until delivery on some promises.
nf