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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (30956)8/16/2017 10:33:00 AM
From: Goose94Read Replies (1) | Respond to of 202428
 
Trevali Mining (TV-T) five month high.

Zinc chart 1yr:




To: Goose94 who wrote (30956)8/22/2017 7:41:36 PM
From: Goose94Read Replies (2) | Respond to of 202428
 
Trevali Mining (TV-T) top pick from Peter Hodson on BNN.ca Market Call Tuesday Aug 22nd @ 1300ET

Just a call on metals, but also, TV has just purchased two mines from Glencore, giving it far more zinc leverage than any other mid-sized company. Last quarter, cash costs were $0.49/lb and selling prices were $1.20/lb. The acquisition closes very soon and TV should attract interest from metals sector investors. The balance sheet does get stretched a bit but the valuation is attractive at 9x earnings.