I take the view that the copper price fall is now really overdone, and is factored into all of these companies. There have been quite a few articles recently looking at demand picking up significantly in 2017. Even at the moment, Chinese imports increased throughout November.
I suspect copper will rally 2016 leading into more structural 'end user' projects - like the Chinese Olympics. Why buy expensive when you can buy cheap? Anything under 10c for TGS is a bargain in my view, as long as the finance goes through- which I think it will.
TGS Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held