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Re: HokieHead post# 4736

Thursday, 08/13/2020 9:03:31 AM

Thursday, August 13, 2020 9:03:31 AM

Post# of 32324
Mining companies are heavy diluters too

It's an extremely capital intensive business and that means dilution. They may have great reserves, but it will take a long time and cost a lot to develop.

In contrast, TDS is a high margin, high growth and ultra-low capital intensity business. The valuation multiples are accordingly much, much higher.