PINL:HYKUF - Post by User
Comment by
auburn2on Mar 02, 2022 5:52pm
159 Views
Post# 34476959
RE:RE:RE:RE:RE:RE:opinions
RE:RE:RE:RE:RE:RE:opinionsSays right in their financials the plant and property has a book value of C$154 milllion after impairments, but a cost value of C$403 million. The last figure is about how much it would cost, but in truth it's probably more now as inflation has everything going up in price.
The company should be a great hold over the next few months, with a reasonable $2 near-term target. You don't want to let the volatility take you out of your shares til a reasonable gain is achieved.
I bought TXP recently at $1.50, and it was sold down to $1.44 before moving to $1.68 yesterday. Lots of volatility to get shaken out for those who don't properly know what they own. That's how markets are.