I have a very simple solution holders, though small it is the most powerful word in the english language.................. 'NO'
These guys only make money if some neville is willing to sell. They can buy and sell as much as they like btw themselves.
Should the next qtr reporting be as forecast, this company owns outright a mine that could generate 100mio of free cash / pa, with a Billion of stockpiled ore ready to process and no mining (now the HMS is fubar) for a further 2 years till 2018.
I'm praying to the copper gods that the SP Cu holds btw $3.05-3.20. Once they have a couple of qtrs of stable numbers, then at these levels expect a TO.
Gltah
TGS Price at posting:
19.5¢ Sentiment: None Disclosure: Held
