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1,579 Posts.
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18/12/13
21:49
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There is a fundamental lack of understanding by some of the posters here.
TGS's mine is in a high risk country, the mining sector is in a GFC like slump and the company has just raised a wad of capital.
If you can't see that there will be periodic bouts of pessimism in the short term related to these 3 factors then you are not being realistic.
Fundamentally TGS could be a good long term investment if DRC holds together, the Copper price holds, the A$ weakens and management executes.
This may happen and the returns will be substantial if all occur.
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