Hi all TNR holders, am interested in opinions on this stock, on...

Hi all TNR holders, am interested in opinions on this stock, on the surface of it, TNR has an outstanding tenement holidng in the guts of the Zuleika shear, this is a tier 1 address in between NST/EVN etc... on that alone there should be a MC of $20mill+.....

Putting the current SP aside, given all small caps have taken a beating over the last 2 months I still cannot understand what is going on here.

In particular what is the strategy?, what I see is the following:
1. Tenement acquision
2. Tailing dump toll treating to raise cash
3. Random drilling of vairous targets

1. is fine all good, 2. ok fair srategy to get some income without dilution as long as it can be executed quickly, 3. I just don't understand.

The fundemental issue I see here is the wish to toll treat tailing for cash is fine, but we have a junior with not alot of on ground reources (people) and if the focus is on tailings then it is not focused on finding the next Kundana...

Also I don't see alot of use of geophysical assessments to focus drilling, its seems the plan is widly spaced drilling in the hope of hitting something an refine from there....

I am keen to invest here, but would like an honest assessment of the above and other existing holders thoughts.

Perhaps the last announcement is the key, get some professional consultant advice and get a strong strategy together and execute....


keen to hear thoughts.