TRL 4.88% 3.9¢ tanga resources limited

Ann: Joumbira Zinc Project Namibia - Outstanding Assay Results, page-35

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  1. 202 Posts.
    lightbulb Created with Sketch. 47
    I shake my head at todays SP action: 0.007/0.008 = 4.1/4.6mil MC

    I have a top up order at 0.005 (400,000), just in case this market madness continues over the next 4 weeks. Who knows I might lose my patience and will get more at current price. Wish I had 10 grand free to tag this beauty good.

    CR will be needed here soon. It's up to management to hit the roadshow and do some marketing. And if the story is told well, SP will go up, and they will be able to do a small CR at 1c/1.5c aimed at a starter gold drilling campaign. Once that is done, SP will be going towards 2c/3c, when they could do another CR for a bigger drill campaign. By then, we'll have close to 1B in shares, but SP will be moving towards 6c/8c and beyond.

    In the perfect world.

    (Of course, only if they continue hitting gold, etc.)
 
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