Ann: Investor Presentation, page-19

Thats because this company is a fad chasing shell, im not saying you can't make a buck with these guys but be careful buying into any positive announcement. Taruga gold was formed at the top of the last gold bull market. Then comes the battery metal bubble and guess who goes focussing on that? Back when Sprott was there largest holder they told management to stick to their knitting (focus on finding ounces) and not get carried away focusing on the latest hot sector ie lithium/cobalt and then they would continue to back them. Probably getting into the buy zone here if it gets sub 0.05 and wait for the next merry go round. I did make a small profit on this one and still hold Kodal shares on AIM after TAR exchanged the Mali assets for shares. This is a company I keep an eye on from time to time.