RE:Screen all Greencopperminer wrote: A good day for the Longs, more to come. Qtr3 earnngs on Nov 04 likely bump SP by 0.35 cents per share, UIC permit for Florence revalues Taseko into a Two Mine Status
Oh Boy
Unless earnings are a big surprise, which they should not be, I doubt there will be a big jump. We all know the production numbers and we know the price of copper for the last three months. What we do not know is the extra spending. If there is any surprise for us, it can only be on the downside.
When q2 earnings were reported, which were good, the price took a tiny bounce and then immediately started a downward trend. The price of copper impacts the sp here more than earnings.
Combine good earnings with permit news, and that might be another story. I am not getting my short-term hopes up. This is a long term play.