It is fairly difficult to be positive in this environment.
I simply don’t know.
I’m not even sure if the project is still viable at current prices -- and even if it were it would be doubtful if they could raise the necessary funds.
For me I am trying to have sufficient funds available to survive --- and then I can let the likes of TRO, ATV, AZS, HEG, EVG etc sit in the bottom draw.
It is kind of a bit late to sell now --- unless we need the money ---
We seem to be somewhere between hyper-inflation and severe depression --- I like many others have been expecting this for years --- but it still managed to take me by surprise.
We will wait and see --- can be somewhat painful at times.
They could well be “a great buy at these levels” --- but your guess is probably better than mine.
Regards, cy7
TRO Price at posting:
19.6¢ Sentiment: None Disclosure: Held