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Watch out for TNRO...gaining real good momentum. They operates as a copper and stainless steel company in China...also owns a 51% joint venture interest in Shandong Terra Nostra Jinpeng Metallurgical Co., Ltd., which manufactures and sells copper. i am in for a gr8 run.
stocktrader22
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scared to even look when someone says "gr8" and has 1 post
Repoman75
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ST22 laying the smackdown!! "If you smelllllllllllll, what ST22, is cooking!"
emptycontents
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Almost 200 million assets with 111 million six month revenue, this stock looks good does anyone know what kind of growth they have acheived I see they are looking for 1 billion in revenue by 2008!!!!!!!!!!!!!!!
"The most recent financial statements dated November 30, 2006 show cash of $34,727,127, assets of $181,191,554, and six month revenues at $111,962,015.
emptycontents
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I am hearing a 6 dollar price target, this is nice, they have research reports and filings almost like a real big board!
emptycontents
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Nice volume coming in today.
emptycontents
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Nice come on baby print 2.20!
emptycontents
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There it is! Getting some buying interest spread needs to firm! where are the bidders.
emptycontents
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2.07 x 2.15
emptycontents
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Strong volume day!
emptycontents
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TNRO back to 2.20 anyone see the news yesterday
China Refined Copper Imports Jump 148% in March 2007 in Response to Strong Market Demand May 9, 2007 5:18:00 PM
LOS ANGELES, May 9 /PRNewswire-FirstCall/ -- China's General Administrator of Customs reported imports of refined copper totaling 202,995 Metric Tons (MT) for March 2007. This represented a year on year increase of 148% compared to the same period last year, and illustrates the strong demand for copper in China. Refined copper exports totaled 3,094 MT in March 2007, for a year on year decline of 92.60%.
Demand for copper in China remains very strong amidst government efforts to curtail exports of this important non ferrous metal. China's industrial requirement for copper has prompted more importation and greater controls on exports, as this strategic commodity is a crucial component of one of the world's most dynamic economies. Terra Nostra Resources Corporation's CEO, Mr. Sun Liu James Po states, "The demand for copper in China is continuing to grow in tandem with its strong economic development. Local manufacturers and importers have a large gap to fill in order to feed China's appetite for copper as a part of its ongoing industrialization, particularly for the next few years."
Terra Nostra, through its subsidiary Shandong Terra Nostra Jinpeng Metallurgical Co. Ltd, a producer of electrolytic copper, is well positioned to benefit from these trends by being able to respond to this demand as a well established supplier situated in a key industrial region of China.
About Terra Nostra Resources Corporation
Terra Nostra is one of the leading copper producers in China through its 51 percent interest in Shandong Terra Nostra Jinpeng Metallurgical Co., Ltd., which has an existing and under construction production capacity of 170,000 MT (metric tons) of electrolytic copper, 20,000 MT of low-oxygen copper, and value-added copper rod and wire facilities. Terra Nostra is also emerging as a leading stainless steel producer in China through its 51 percent interest in Shandong Quanxin Stainless Steel Co., Ltd., a modern stainless steel production facility that commenced operations in early 2006 with a now expanded 230,000 MT casting mill, and a recently commissioned 150,000 MT rolling mill. The two joint venture companies, which Terra Nostra recently entered into an agreement to increase its ownership up to 90%, with total assets exceeding US$200 million and over 1000 employees, are located in the highly industrialized coastal province of Shandong, midway between Beijing and Shanghai. More information on Terra Nostra can be found at http://www.tnr-corp.com.
Forward Looking Statements
emptycontents
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emptycontents
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4 million in the float with only Shares Outstanding 49.2 million
Makes the market cap about 140 million with 200 million in assets this is very undervalued.
StockSlayer06
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the china problem with expansion in their sectors is really drawing attention from all over the globe, if TNRO has the resources to grab the bull by the horns and it looks like they do - all bets are off
emptycontents
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One research report calls for a 6 dollar valuation.
StockSlayer06
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thats what a 300% gain? lol. Not going to start wishing big just yet but it raises my eyebrows, cant pass up on that, plus the company discloses everything to the public unlike a pink sheet company
emptycontents
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Yeah and I guess the end of their fiscal year is coming up, we will get to see just where they are at!
StockSlayer06
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what is the date on that?
emptycontents
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May 31st I think is the end of their fiscal year.
StockSlayer06
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that will be real interesting to project on
emptycontents
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3400 went through at 2.17
StockSlayer06
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volume is looking strong for the day, chart looking bullish compared to yesterday
StockSlayer06
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volume is taking off, looks like all the mm's want a peice of the action now
StockSlayer06
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volume is high again this morning, we will see whats in the works for today
StockSlayer06
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trading strong today -> news on the 30 MIL contract must be getting out to some people
alan93
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Well SS06, are you still bullish? Hows the potentential here? What's in the works?
StockSlayer06
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after this contract for TNRO going through and seeing them get in their foot in the door with the market over there we should see plenty of good things to come from this company
alan93
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Hmm guess you were right.
stocktrader22
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wow nice move now...was way higher when called though.