I'm a little more worried about the deals that management has made with the limited partnership to whom it sells the copper.
Is it going to limit the upside without providing protection to the downside in case copper prices start to slide?
How are they planning on financing this new copper refinery? Will it be a PP that will be highly dilutive at these prices? They haven't shown a lot of smarts so far when it comes to getting a good price in earlier placements.
I'd also like to know why the only insider transactions in 2005 have been selling into the price run-ups, effectively killing the rallies.
In canada you can check insider info at www.sedi.ca. Here's the link for TKO.v:
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