RE:There is just no story here anymoreAlfTanner wrote: There is no story to attract buyers to this stock. The company can barely make a profit with copper at $4.50. They are probably going to show a loss with copper at $4.00. These are record high copper prices, and the company is just scraping by. What happens when the recession kicks in and copper drops below $3.00? As for Florence, it is not going to happen. The anti-America socialists running the country right now are not approving anything that comes out of the ground. They think the electric economy will be built with fairy dust and unicorn pee.
I have no problem reading negatives on something I am invested in, but it needs to be accurate. Barely making a profit is an inaccurate assessment. PE is under 10 according to TD Ameritrade. That is better than anytime in this company's history. The story might be flagging in face of inflation and the never ending inexplicable delays on the permit from the EPA. Looks like this EPA isn't permitting much of anything. Glad for you that you are out ALF. This is a bad market for everyone. I am trying to assess what to do from here. Retail investors are finally bailing on lots of markets. That is usually a buy signal.
now just when and what to buy?