Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Hello Share Swingers. A little miner called Tertiary Minerals (TYM) has graced my modest blog on Shareprophets before now. In the past, it’s been a big winner for me.
Already a member? Sign in
• All premium articles
• Tom Winnifrith’s Bearcast
• Access to all the entire nearly 13 year archive
• ShareProphets Daily Newsletter
Cancel any time
This area of the ShareProphets.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ShareProphets.com. ShareProphets.com does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ShareProphets.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ShareProphets.com and is not intended to be relied upon by users in making (or refraining from making) any investment decisions.
Comments
Bearfacts
The resource sector stinks at the moment, not sure what news/sector improvement could give you the 500% rise to just get a small profit.
Perhaps if they discount place you can average down but Bottom draw defo at mo and I know their are investors with lots of bottom draws currently.
All the best….
wildrides
Whaa hey Malcolm …….. I’m onboard …………. cheap as chips at present and one for the bottom draw . Very few shares in issue and management own plenty of um ……… recent mining permissions ………. all good stuff . I hear a rumor that the deposit in Europe has the stripes already built in , which should please Colgate ( okay, I made that bit up ) Worth a punt if you have five years to spare . Chairman is Mr Cheetham ………. but so far he has played a very straight bat . Has a sister outfit SRES which just does exploring for new shiny stuff deposits . TYM is the mine development company . They share corporate overheads to keep costs low . Tom hates them so thats another good point for contrarians ;-) One for the long haul mind …….. years not months , but you can get substantial spurts . One memorable one a few years back now reached 20p intraday and from memory about 14p at the close . Thus you can trade it, at the right moment , but you must sell into the rise ……. hard to get the price on the way down from the peak and decay is fast due principally to low shares in issue . Goes up fast and down fast in essence .
WR