Perhaps the recent comments of Mincor Resources NL Managing director - David Moore in Australia's Paydirt offer an explanation to the recent buying of TMX shares;
"...This strong cash generation (Kambalda), together with our $100M bank balance, will be used to develop further growth opportunities both within and outside Kamabalda.
We will be providing further information to the market on a range of new growth initiaves in the weeks ahead."
It would certainly make sense to me at least if MCR were considering offering some "assistance" to TMX regarding the Aztec Dome formation given MCR's stong presence in Kambalda.
FACT;
MCR have 4 Mining Licences covering the are immediately NE of TMX's large tenement on the Aztec Dome.
WC8
TMX Price at posting:
2.8¢ Sentiment: Buy Disclosure: Held
