| Author | Message | ||
     Gudivada04 Mudiripoyina Bewarse Username: Gudivada04 Post Number: 3297 Registered: 09-2004 Posted From: 66.244.207.150 Rating: N/A |
PCU & TCK individual companies kada. I don't know much about PCU but by it's name I am guessing that it's a pure copper play. I know a lot about TCK, in fact it's one of the big holdings in portfolio. It's not a play on just Copper. They have Zinc, Metallurgical Coal, interest in oil sands, molybdenum, lead, gold etc. along with copper. probably the most diversified base metal company in Canada. It has recovered from the all time lows quite well but their problems are much different from Copper price. They are saddled with huge bridge loan that is coming due in October. Most likely they will get arrangements with banks and once that word is out, short squeeze will come. Be careful if you are shorting that stock. in the very short term you may see some pull back as it has gone up from mid 3s to 10s in the last 2 months or so, but be very careful. |