There is a similar situation with MCO who have been suspended for the last 3 months in trying to raise funds to continue their production with a lot of infrastructure being completed onsite and on the edge or near to commercial mining they have to look for more money to continue which in this present climate is hard to come by, In saying that It would be a crying shame if TNR was not able to obtain funds to continue their gold exploration in Madagascar in an area that has gold and IMO there are commercial quantities ,how much ? well only time will tell, it is a big risk to any investor and l have lost a couple of dollars in the last 12 months but the rewards are also big if they stumble upon a shitload of the yellow stuff, but for the time being we just have to sit and hope someone out there has balls, big ones. JJ
TNR Price at posting:
2.0¢ Sentiment: Buy Disclosure: Held