I personally think 48 months is probably too long of a time horizon. I believe that from absolute bottom of the cycle in prices, a 3 year time horizon is the best strategy (48 months from now would be ~2.5 years too long in my opinion). I expect to be fully out of Trevali by year end 2018 at a price of north of C$2.00.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.