TMZ 0.00% 0.5¢ thomson resources limited

News: TMZ Thomson Resources Enters Deal To Acquire Gold Exploration Project In North Queensland, page-4

  1. 6,675 Posts.
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    Good points Deb.   I suspect cost effective move adding more high potential gold assets, with priorities continuing at Bygoo Tin and Harry Smith Gold, with retention of LOW sharecap to max it out for us.  

    The relinquished ground is high quality but would probably require lotsa cash and much share dilution to retain.  Lets hope the next quarterly explains iit better and more importantly,  details our evolution path ahead for priorities retained, as well as to what the attraction of the new Chillagoe asset. 

    Modest Tin production at Bygoo even if initially per toll treatment at proposed Ardlethan tailings plant would go a long way toward company rerate,  so first lets see that maiden JORC. 

    Ditto effect on identifing some doable gold resource at Harry Smith adjacent,  especially if Gold sector confirmes new primary bull leg with a POG north of 1365 bucks an oz (my opinion) 

    Keen for projects program definition next and some share price action thru that important pivotal point
    4.2 to suppirt  we are in a Third upleg of some degree.   

    A supporting broker / analyst sheet would also go a long way toward creating some renewed investor confidence and support. Probably waiting for maiden Tin JORC resource on which to base a likely development program and forward valuation. 

    Hoping to realise my own tech targets based 2.6 confirming as the start of TMZs third primary.  Lets see.  Happy to continue adding to core meanwhile. Good luck. 

    OWEP

 
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