Tanfield breaches £2

By John Smith (guest blogger)

It's been quite a month for Tanfield's share price.

Knocking around 185p a month ago, and ended today passing the psychological £2 barrier to finish at 203p. I doubt very much £2 was a barrier to the market, but it's certainly a milestone for the watch and hope brigade, like myself.

There's a write up in the local paper about setting up a factory in the U.S. to produce the electric trucks.
http://www.thisisthenortheast.co.uk/business/news/display.var.1559567.0.company_to_open_electric_vehicles_factory_in_the_us.php

I suppose I should think of an exit strategy, but this looks like it could carry on a while yet. Fingers crossed, while I ponder sell or hold. I've pondered, I'm hanging on a while :) Seriously though, they are really just setting up. They seem to have the right product at the right time, being "green" is the new P.C. I suppose it depends on how good the management team are. Can they deliver? I guess we'll see in a couple of years.

There are rumours of some announcement on Monday, but who knows, there are always rumours, we'll see on Monday.