At 0.03 cents it smacks as a stupid deal, ditto 0.3 cents for that matter - to raise $21k?
When the options have 20 months to run and the likelihood of a gold surge sooner than later...
All bizarro stuff.
Let's be frank, TMX won't move north until the gold price runs strongly - then the majors will run followed by the mids and THEN the juniors....short of a major hit....
TMX certainly owns some very interesting ground,,,,not to mention the nickel prospect!
TMX Price at posting:
4.5¢ Sentiment: None Disclosure: Held
