Value Microcaps Motherboard

[researcher59]

TGB flat at .94 even as copper breaks over $1.80 per pound, a new record high. TGB reported basic EPS of .10 for the June quarter. Fully diluted EPS was significantly lower, but with most of the warrants now far out of the money, and copper much higher than the $1.51 average sales price in fiscal Q3, the stock looks very cheap. The much anticipated melt down in copper prices as failed to materialize so far. A negative factor in September fiscal Q4 results will be some production problems earlier in the quarter and a lack of sales from inventory that occurred in the June quarter.

Stock should make a run at some point given that it's so cheap on a PE basis, and near the bottom of its 52wk range of .80 to 1.85 in spite of strong fundamentals.