TRT 1.41% 7.0¢ todd river resources limited

It is hard to find any negative factors with TRT. Barely 70M...

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  1. 2,582 Posts.
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    It is hard to find any negative factors with TRT.
    Barely 70M shares on issue, market cap at 12c is a meagre $8.4 million?
    High grade mineralisation, open in most directions.
    It is not hard seeing this deserving a $20 to $30million market cap with a couple more good holes.
    The upside leverage is extraordinary.

    The only issue is that despite the recent raising, cash is pretty low at $1.2M. Another CR maybe with the restart of drilling in Sept/Oct? But it will get swallowed up with the interest now building over Mt Hardy.

    Gosouth
 
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Currently unlisted public company.

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