TNC 0.00% 5.2¢ true north copper limited

worth a look i think .09 or .10 likely, page-2

  1. 2,038 Posts.
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    Is that a forecast based on logic, or blind hope? Paul100 and Hot Rod have presented some sobering truths here, which deserve real thought. If they were to suffer the loss of even one more contract, then there can be little doubt that their leasing company would be hammering on the door to get some of that $4m, (if they are not already doing so).

    The actual costs of redlight systems in the US are now fairly well known, and it is quite clear that Transol is charging less than cost for virtually all their current contracts. This is a very high-risk strategy, which is critically dependent on achieving a high growth into business which can actually make money. So far, the strategy simply is not working.

    The exit doors are looking very crowded.
 
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