Another positive update today which is nice, good to get some further very high grade sample results from more of these pipes. Drilling program is ready and just waiting on permitting shows me they are trying to make progress asap and that is all you can ask from an explorer.
Proving that these grades are consistent in the pipes will see the price much higher in my view when I compare this resource to peers. Converting the SAMREC code to JORC compliance could see a very nice boost based on peer comparison alone.
Supply at 17c was being picked off, but 16.5 dumped into a bit earlier today. Either this selling is still going or they have done enough damage so that it will take a a bit to get some momentum going again. I picked up oppies yesterday thinking this is about the bottom (15c heads) and that this cat and mouse game can't go on much longer (with buyers waiting at 15.5). If this can touch and clear 18c it could be set for a run and the sign that this selling is done based on the trading range since the selling started.
TNO Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
