Sagitar, you are correct in that your comments that TPL has alot going for it.In recent weeks there was a trifecta of CEO, BDI & TPL being used by traders for instant profits as coal juniors are in favour. The latest one to be moving is PXR which has an Indonesian coal resource TPL with Australian & potentially Mongolian resources is a gift at current prices. It appears as though alot of legitimate games are played on the stock exchange & TPL may be caught in this with holders losing nerve being forced into selling.This suits certain players who must be intersted in this stock as it appears to be tightly held As you an posters such as GrogMan have alluded TPL has alot going for it.Iam holding for further news & if I had spare cash would be accumulating further stock. Although commodities are being hit by exchange rate & sentiment in my opinion TPL has huge potential for Investors rather than Traders. Things will not happen overnight.
TPL Price at posting:
2.1¢ Sentiment: LT Buy Disclosure: Held