from message board on TGB
"This is a VERY GOOD sign! Hold your shares. Do NOT sell! If you think today is a rally you have not seem anythign yet.
Any one sold today, at WHATEVER price, will REGRET BIG TIME tomorrow!"
Read the last line again. Did you sell today? If you did, what is your feeling after seeing what TGB does in the AH? REGRET?
Folks you have not seem anything yet. This wave of correction is a perfectly healthy and expected phenomena in a bull market. There is nothing wrong in the TGB company. We will get back to where we were before pretty soon, and then go much higher!
You have NOT seen anything yet! Hold on for the wild ride!
O.K. This is probably a blip,but just consider:
If T.G.B. made $3 million or $.03/share last quarter on sales of $31 million on a copper price of $2.40/lb and a cost of $1.60/lb.Then assuming that they do only the same amount of sales this quarter then with a copper price of $3.68,Their profit per lb will increase from
($2.40 - $1.60 =) $.80/lb to ($3.68 - $1.60 =)
$2.08 a lb. this is an increase in profit of
260 %. This would mean that profits in the second quarter would be 2.6 x .03 = $.078 a share.Assuming that the company does a minimum
of the same amount in the final quarter of the year.The minimum figure for profit this year
is $.09 + $.07 + $.08 = $.24/share for this year.
These figures I believe are an absolute minimum and that the future with the tremendous resourses this company has.I think the present share price is a steal.
