TRL 4.88% 3.9¢ tanga resources limited

This looks primed to move now that it has found its feet. Good...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 120 Posts.
    lightbulb Created with Sketch. 8
    This looks primed to move now that it has found its feet. Good support at 1.0 and 0.9, and not much resistance above.
    Drill results and assays should push this up towards 1.5 without too many problems.
    They said within 4 weeks for the assays, which is when I'm guessing they will release news of the other drill holes, and 4 weeks from the 14/3 is next week some time.

    The historical results were good so I'm guessing they just missed the big Zinc intersections, meaning the following drill results should have gone through them judging from the drill positions and previous intersection locations.
    JBDD002 is to the left of JBDD001, and further away from the large grouping of historical intersections so interesting to see what they find, maybe they'll strike that 14m at 9.50%?
    The following priority drill location is right in the middle of the largest intersections, including 11m, 11.5m 14m, and 23m! So no doubt in my mind that this drill will be positive.

    Proposed drill locations by Tanga Resources Limited:



    Previous Zinc intersections from historical drilling results:



    I'm hoping the next announcement will package up the assays from JBDD001 and the following 3-4 drill results.

    Good luck to holders
    All IMO Good
    Last edited by ParkerNZ: 06/04/18
 
watchlist Created with Sketch. Add TRL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.