TMZ 0.00% 0.5¢ thomson resources limited

Ann: Quarterly Activities Report, page-6

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  1. 431 Posts.
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    Bygoo looks good and next drilling should decide if they need to move to a larger resource drilling effort.
    Problem is TMZ has no money (<$400k). They will need several million dollars for drilling Bygoo if they wish to progress the project.
    Good news is TMZ does not have many shares on issue. If good drilling results boost the share price there will be a CR.
    Tin price one of the better performing base metals but with Myanmar rejoining the world there are large quantities of cheap artisan alluvial production emerging. Several of the major Chinese producers have curtailed their own production in response.
    I have been watching and thinking of taking a punt.
 
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