Exuberance can come back and bite you in the Backside!!!
TIE has everything going for it at the moment (atm) and in the right direction, low cost, great resource and increasing, takeover target etc Lets not get ahead of ourselves in our predictions! African miners are doing well atm, look at PRU it came back 40% and now has hit new highs this year!
Australian miners are recovering, CAI on first gold pour in March/April this year touched $1.07, has now retraced back (67% about, ouch!) to the mid to high 30 cent range now after touching 33cents
Be optimistic but also be cautious as the tide can turn quickly Sentiment/opinion can change quickly in the market!
Saying that i cant see why TIE cant reach to $1.20 to 1.50 range within 6 months my opinion only
TIE Price at posting:
80.3¢ Sentiment: Hold Disclosure: Held