TIM Timminco March 25

This stock has quite a reputation. Sprott supposedly derived much of its income from a large position in this stock, whereas Lawrence & Co was convinced that the formula for this sand was little more than a hoax. At the time I was inclined to agree with Lawrence predicting that the stock would not rise much above $32 and then drop under $10. It got to $35 and is now under $10 at $2  and change. At these levels it may not be a bad idea to “nibble”a little just to see where it goes. This is pure speculation. Here are the charts , then and now.

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