Post by
copperminer on Mar 19, 2021 2:49pm
Re Re Re The MM's, whatever the MM's Are
Viewpoint. When the mining companies start to post their Qtr1 results re copper, at these new $4.00 copper prices, it will be Katie, bar the gate. The new EPS will change the whole scene.
EPS x P/E = SP or Oh Boy = Oh Yes [ a friendly thought of the day ]
Go Taseko
Comment by
nofluff on Mar 19, 2021 3:25pm
Market makers miner. They r only interested in how cheap they can buy. Q1 tko will have no positive eps. So according to your theory miner. Down she goes. Of course there will b a lot of corps positive. Just life. No point in fighting it. nf
Comment by
JCSunsfan on Mar 19, 2021 4:11pm
These guys HATE paying taxes and they have lots of capital gains to take with all those Gibralter mine improvements. They aren't going to report after tax profits for a long time. Just pay attention to the bank account balance. That's where the story is.
Comment by
nofluff on Mar 19, 2021 5:05pm
Well jc. In the last 6 months tko sold a silver stream for a few million on the cheap. Then sold 15% of the corp for 40 million. Then borrowed another 200 million on 7% interest. All cad numbers. I do not think that is to impressive of a way to build bank account. Q1 will b ho hum. Hopefully, they will have something other than promises to report. nf
Comment by
Bakocop on Mar 19, 2021 7:53pm
Cash balance at end of 2019 + bought deal = approximately Cash balance end of 2020. All free cash flow went back into projects. This has been the case for many years and likely will continue.
Comment by
nofluff on Mar 19, 2021 8:38pm
Tko got 3 things to propell it quick. 1. Copper price at 4.50. 2. Jv 3.permit nf