TTQBUYING MY HOME's Profile

TTQBUYING MY HOME's Posts

Re: So Come On Guys....

I voted at www.proxyvote.com on Sunday at 0900EDT without having any problems. Perhaps BBob, you typed in the wrong control number.


For the record, I would have been unable to vote if snail mail was the only option based on when I rec'd this info.


Thank you MZ for your input. It puts a perspective on this issue that supports some of my other theories.


That being said, I remain surprised that the stock price slipped so much BEFORE the meltdown since all the fundamentals remain intact.


I am curious about two things: 1) Does anyone have data on how much stck has been re-purchased by the company? and; 2) Have insiders been buying recently?


I remain long and did not sell a single share since entering at over $1.20. Perhaps I really missed on this one, but I remind myself that this loss is only on paper. Like the song says, "The waiting is the hardest part"


Cheers,


TTQ Buying My Treehouse




almost 16 years ago
Re: From the Financial Post

6) Politically stable as well. Perhaps MZ this is also the time to remind the newbies that BC, as a resource based province is politically motivated to see new industry emerge from the "sawdust" of another industry hit hard long before this crisis, forestry.


I encourage other to continue adding to this list.




Long & Strong

almost 16 years ago
Re: Hold and Prosper

God help those that lost their lives, homes, and businesses in China. Over 700,000 buildings have been totally destroyed and over 5 million damaged. No reporting yet on the damage sustained to critical infrastructure such as bridges, dams, pipelines, or reactors, but please post if you can find out.

Perhaps China's demand for steel (MOLY) will increase beyond just their normal consumption levels for this massive re-build. Traditional forward thinking should get Chinese speculators looking towards securing a large Moly deposit soon. Best would be a large, indicated to measured deposit, legitimized by a NI 43-101 Report, and was easy to open pit mine ASAP.

You all know I am referring to the Chu deposit owned by TTM Resources. I suggest that we begin talking about what appropriate discount should be considered on a Chinese bid to buy this company due to this tragic event.

over 16 years ago
Re: Financing

Strategically, TCM would/should not let TTQ fall into foreign hands. It is just TOO close to them, with a great road that can handle trucks without upsetting the locals (read: Smithers). If I am not mistaken, there is a massive port being built midway up the west coast to handle super ships (http://www.rupertport.com). I think its location shaves 2-3 days of the trip from the pacific rim. That the Chub has such a a big deposit right on top (the basement is another issue, hehe) could it is still be cost effective for the Chinese to ship the whole deposit back home to be processed there?

Either way, let the bidding begin. Mining it ourselves is another option, but don't let the bottom feeders convince you this is the only option. It doesn't matter to me if the bids are in Chinese yuan, German marks, Swiss francs, or Canadian dollars. Hey TCM, I will take 1 for 3 tomorrow if you offer it, I want my E-type Jag this summer.

Cheers.

over 16 years ago
Re: Financing

Bbob,

I would like to respond to you personally. Firstly, I'd like to thank you for your consistently excellent posts (although last week I thought you were going to pack it in, bad day I'm guessing). Secondly, I know this is at least the second time you have compared moly against precious metals. Please correct me if I am wrong, but I believe that moly is strictly an industrial consumable. People don't buy it to adorn themselves with its beauty, they don't hoard it to hedge against inflation, and gov'ts certainly have never stockpiled it to back their currency (btw, what would gold prices be if Russia dumped 1/2 their gold reserves?).

No, moly is used to build things with (yes, I'm aware of electrical components and catalytic converters) and best of all, it is unlikely to ever be recycled. Pipelines, ships, and nuclear power plants are obvious mega projects for moly consumption but perhaps to where ever there is concrete there is also steel rebar. Quick question, what country uses the most cement per year and how much?...............China uses 45% of the global total. Think about that for a moment. All that steel (moly) entombed in infrastructure that will NEVER be recycled.

When near-sighted, small- minded, hucksters like Stip, Francob, molyfinder, felix1234(whatever), and now even traderdad (who obviously has just recently been exposed as a pillow biter at work or something else equally traumatic to have become such an instant POS) start trying to bash the Chub (respect to carcleaner) because it is currently undeveloped, I think about the Asian mentality.

20 years ago the Japanese were submerging shiploads of B.C. cedar (doesn't rot) in there harbours. See if you can afford to buy it back from them now. The Chinese can and probably will start buying up these Canadian moly plays. In 2008, they will spend AT LEAST 57.2 billion on their military alone (lots of tanks and ships, and buildings). How much more on public infrastructure? Look, they are forward thinking people that can buy up the Chub before they are forced to de-value the Chinese yuan.

For all of you on the fence, get your position on the Chu Chu train before it renamed the Orient Express or even perhaps Farfromgroovin Express now that Germany's beer buzz is over. $5.00 min bid.

I have many more random thoughts I'd like to discuss with you Bbob, perhaps privately would be better.

Cheers.

over 16 years ago
Re: Quebec to destroy 28 bridges, repair others

Hehe,, funny name!! Anyways, thanks for the insightful link to point out the future demand of steel (read: moly). When we think as penny-wise taxpayers, I believe we would all agree that the gov't should use extra high quality steel (read: moly) when re-building these structures as they are so expensive to undertake and clog (even more) urban ceters like Montreal during constuction. For newbies, higher % of moly adds strength and life to steel without increasing the overall price by very much. Some research indicates a future industry wide trend to "over-engineer" some projects so they last longer without failing (good for bridges right?). I hope others on this board also post news of big steel jobs like pipelines, bridges, power plants, etc to this site. Also, please post stories of other moly mine closures and/or moly supply issues.

over 16 years ago
TTQBUYING MY HOME
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