this is the time we all have been wondering if it would come . This is ...without a doubt the toughest test for Tiger & her board of directors . Having said that it is also for Codelco ( cutting. output ) Rio Tinto, Perseus , and any dirt digger you care to name. Believe it or not I welcome the challenge, because once we pass through this downturn , ( which Moody's has placed the bottom on ) we can look around and see who's still standing.
Myself I beleive in my gut Tiger will pass the smell test & will bump along until we see kick up .. down the road in a year or two. I'm in no rush they are sitting on some of the highest grades in the world ..thank god ! Lowest production costs around, thank goodness ! And with a bright future for expansion ... What's not to like ?
This clean out phase is healthy, & Tiger will come out the other side just fine, without bantering numbers all over the place, I can think of a few investors with other diggers who can't say that !
this is the time we all have been wondering if it would come ....
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