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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 ccrfmacon Jul 31, 2021 12:14am
254 Views
Post# 33636626

RE:RE:RE:RE:I am thinking it's quite simple..........

RE:RE:RE:RE:I am thinking it's quite simple..........Alberz, you may be right about zn price going up if the political situation in Peru deteriorates. Peru is the second, or the third, largest producer of zinc in the world. So any problem here, will have an effect on zinc supply, However, it is not clear wether things will turn against mining as many analyst expect. 40% of the peruvian exports come from mining, the most important miners of the world has at least a mine in Peru, and many of them have signed tax waive agreements with the Peruvian government. Leftist populist need cash for fulfill his offerings, however the peruvian economic has suffered badly from the pandemic. State savings has evaporated, and there is very little money for spending. So, if brainless Castillo wants to applicate his offerings, he will need to get cash somewhere. And with the current prices of copper, zinc and gold (Peru is a main producer of all of them), many believe that he will not be such an idiot to asfixiate the mining industry, because he needs them for money reasons. Also, he has not support in congress, because the center and right parties have a reasonable majority. So, from a legal point of view, it will be not easy for Castillo to enforce his comunist ideas. However, one never knows with this idiot leftist radicals, so any thing can happens. Time will tell.
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