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Schweinemeister

01/16/14 11:58 PM

#157 RE: hellothere2 #154

Hellothere, I would think if TC is able to retain profitability it would only be a matter of time. TC was at 9.50 Feb of 2012. That was after a quarter with an EPS of $.005! The November quarter turned in $.064. I currently hold TC and bought a couple of weeks back, but I try to flip so I may take my profits and go (I have followed TC loosely for a few years), this is the first time I have a "marging of safety". I read the Nov 27th news report about their concentrate (reitterated a couple of days back), I did some back of the napkin math and looks like this quarter is going to be profitable, but it is also their 2014 forecast which will matter for a firming of the stock price. One can always calculate revenues from the price of the metals and production. Their mines have had good weather, as the coldest part of the country this year has been eastern US. So, they are producing but at what return. Molybdenum price per pound is improving, but it is off 30% from last years levels. Steel is in better shape and moly is needed for high grade steel. Gold and Silver are down over last year but stable and Copper on the rise again, so there is opportunity for TC. Only time will tell. Thanks for asking.

Schweinemeister

01/28/14 8:47 AM

#159 RE: hellothere2 #154

HT2, TC held on pretty tightly to its technical trading range yesterday and bottomed at the 200dsma. Iron ore producer Cliffs Natural (largest iron ore producer) turned in a better than expected quarter, so Molybdenum shipments should be on the rise; TC is a Moly producer (along with Gold, Copper and Silver). Now will need to check its performance against the macro economy, durable goods (a lagging indicator) sucked real bad this morning. I believe that TC is on the way back, I do trade it and hope to be in it when the ship comes in (sustained profits)!!