I have stayed away from tpl in the past because of the lack of volume and general support of the market. Now that others are aware of tpl I felt that it was now or never to take up a stake in what is some of the largest land holdings with potential economical coal resources that I know of for a australian company at the speculative end of the market. Tpl could go back to 0.022 cents like it has many times before and just sit there for ages,but this time arround coal is hoter than it has been for a long time and the market just cant get enough of it. Tpl has always been a under the radar and under valued company,but things are going to change as this hungry market starts to look for more coal plays to invest in.
TPL Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held