Magicseven may well have nailed TGS with this post.
It's great to have a professional on HC posting from their PoV and helping those from a different background like me understand the TGS cluster.
So it's been more than 2 months since a Trump inspired rally took copper to around US$2.50/2.60/lb, a handsome jump from the around $2/lb sideways range it had previously been confined too.
Usually, a jump in this key metric would result in a sharply higher SP but not this time for TGS. It closed Friday at 3.7c and shows no sign of getting a wriggle on.
Guidance for 2016 was achieved, we know that, so the quarterly late this month could be less than stellar.
This could provide some scope for excitement from a forward looking statement.
In turn, This would display all the signs of a pump and dump, but who cares? It could also provide an exit for weary punters like me who are getting an overpowering sense that TGS's days are numbered.
Pity, I'd then have to scout around for a good exposure to copper, clearly on the verge of a golden few years.
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