RE:RE:RE:RE:RE:Stop the Assassinations Robert, you make good points as usual, but not necessarily accurate in regards to TKO, or other miners. That the market values TKO based almost purely on earnings is not in doubt. Miners are more than just earnings, and in a way, sometimes less. Few ever pay dividends. Car companies etc are only limited to what they can produce by the consumers who buy their products. Miners are limited by the resource in the ground, the mines have a limited lifespan, most go out at least 20+ years, so most do not worry much about it, but if the miner does not have a pipeline of projects to replace the existing, the company is dead.
TKO has a reasonably good pipeline of projects.
Market cap should be a factor of what the health of the company is (earnings), and what their long term health is (whats in the ground). TKO is valued only on earnings, if that.
What is TKO worth if they sold YMI, NP, Aley, and Florence?
Does the market get it mostly right, with industrials, transportation, mostly swings back and forth but they hit the target more regularly.
With companies like TKO, and many others, people buy not because they think that is what the company is worth, but because they think it is undervalued. Overbought or Oversold by definition means the market does not have it right.
Technical charting is another way to define if the market has it right, and being able to read those indicators to see when the market does not have it right, and a buying opportunity develops, unless of course the dreaded new information drops a crater on the cup and handle chart, which always trumps technical charting.
Great comments on perspectives from everyone, DC, JS, CM, NF, etc.
Now Sclar, is there any chance you could drop the constant negative and post something nice for once? It is not hard, we do value your input, but something more positive would be appreciated, otherwise you are just the other side of the coin to CM.
KW
RobertC40 wrote:
Who says the company is undervalued....not the market, the market is bigger than any opinion...have you seen our profits over the last 5 years !!! and we don't pay for stuff in the ground.... the market says ok and your going to monitize them when....ok call me in 5 years... we want a PR firm to what "pump" our prospects...our fundementals will have to prove the day, you can't hype or pump your way to profits...well maybe in the short term, we'll get growth and valuation soon enough...hold on we're going to blast off.....I should have bought tesla :)))