TGS tiger resources limited

Check on the following link for detai...

  1. 4,133 Posts.
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    Check on the following link for detai
    http://hotcopper.com.au/resources/m...st-weekly-rise-since-july.17630/#.V94l_k196Uk

    And I now cite part of it here:
    "
    Copper hit a three-week peak on Friday before retreating on a steadier dollar, and was still set to log its largest weekly rise in two months as China's latest economic data suggests stronger growth in the next few months.
    Encouraging signals from China's housing market and indications of a revival in its factory sector over the summer have encouraged views that demand is quietly cranking up for the third quarter.
    "Copper consumption in China this year has been far stronger than most people thought and prices are likely to remain supported between $4,600 and $4,900 a tonne over the next quarter," Citi strategist David Wilson said.
    "Refined copper in Shanghai bonded offered at $60 from $50 two weeks earlier, with traders commenting that trading volumes have picked up nicely," broker Triland said in a report, referring to premiums paid by dealers in China.
    "
    So I would think TGS would at least be stable at this level and start the rebound soon.
    Net assets backing share price 7c per share.
    And now Copper is traded apparently above the break even point even including the debt principles, I would think TGS will keep ramping up until end of the year.
    IMHO
 
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