RE:RE:RE:Rio finalizes deal w Turquoise Hill
blueboron99 wrote:
Blue.
Blue, in your mind what is the X factor we've been missing that gets our market cap where it needs to be over the next 15 months? I agree Rio will extend - they have no reason to act now. Paul's upcoming webinars will start the hints of No Deal Now.
What will do it for us? Higher metals prices, a major buy in, updated economics. None of it did anything for our market cap in any lasting way.
This team tells us nothing, so all we have is conjecture.
I'm of the opinion the market doesn't believe Rio will balk at the size & scope of the build. It's commitment to Oyu tells us otherwise, but our team has failed to get that point across. And we must remember: the "wisdom" of the crowd is made up of people who are mostly idiots.