OTCPK:STZHF - Post by User
Comment by
Blueswinon Jul 16, 2021 5:23pm
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Post# 33564035
RE:RE:Another Upgrade
RE:RE:Another Upgradewalloping web snappers was that a dramatic down turn today a drop of $2.50 in one day! Of course Steel prices staying high! CRU July $1780 Aug. $1830 Sept. $1796 Oct. $1720 Nov. $1696 Dec. $1659 If these numbers hold that will be crazy money for Stelco. Plus it sounds like they might be close to selling their 800 acres of land. Seems like the only way to get fair value is to buy an enourmous amount of their own stock back. Since I bought at $34 the price of steel has continued to move up on tight supply. Looking forward to Q2 results as well!