Post by
Blazesb on Jun 25, 2019 7:46pm
Re:Dull and Uninterestin
This stock is not being manipulated. It has been crushed along with all junior resource miners by Trump's trade war which has suppressed China's previously insationable appetite for resources.
Should Trump end his trade war and metals prices resume their rudely interrupted bull market run Toachi will not be lifted. Only progress on the second of the two fronts Jon Goodman identified will do that.
The first front is building the mine which means capital expenditures which means share dilution which in turn supress equity prices during development.
The second front is exploration. Good drilling results will do wonders for Toachi's share price. Goodman has prioritized developing the mine. That doesn't mean the drills can't run into a decent pipe!