IIIVERSON's BOOM BOOM ROOM!

[alfaspider]

TGB (TKO.to) trades today on Toronto Exchange. 5-Jul-10 02:15 am - (Re-posted...)

You can follow TGB/ TKO.to on yahoo by getting a quote on tko/to and you know there will be a new release before the canadian market opens and tko/to will move significantly higher.

the news Friday was good news.

1. Jan 2010 BC Provincial Government report sited eviornmental concerns approved the project as economical benefits outweighed the enviornmental concerns.
2. May 2010 Taskeo signs agreement with Franco Nevada to ensure financing of Prosperity.
3. June 2010 Taskeo receives long tern mining lease for its Prosperity mine from the BC Government.
4. July 2 2010 Federal envirnmental committee issued their report siting similar enviornmental concerns as the BC enviornmental report but did not recommended either project approval or dissapproval ( Report issued after the Market Close)
5. July 2 2010 After the market closed a small group of investors who misinterpreted the federal report drove the stock price down to the $3.40 area.
6. July 5th TGB issues a press release before the market opens saying what has happened and being good neighbors they will make some changes in their mine design to minimize the enviormental concerns and are going forward for Federal approval
7. Stock prices rallies to the $4 to $6 price range
8. Prior to Sept 4 2010 Federal Government approves the project and stock rallies to above $6. (Remember Canada has a conservative government who will put jobs and financial concerns over a relative small enviornmental concerns in addition to their believe in state recommendations.
9. I feel sorry for those who sold in after hours trading but we all know after hours trading is very risky.


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Hammer:
1. Up about 12% from Friday's AF close in Frankft. (7:30 EST - NY)
2. Light volume Friday AH- (way to trigger stop loss orders for those who are inclined to have them?)
3. I don't have any charts, but this one smells like IWEB at .05, ABTG at .02, and KATX at .0495-- JMHO.. And going to take this ride........................