TMX 16.7% 0.4¢ terrain minerals limited

Ann: Mining Studies Add 67,000 oz Gold to Potenti, page-4

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  1. 3,666 Posts.
    re: Ann: Mining Studies Add 67,000 oz Gold to... Not sure what you mean Chelsea. Do you mean price-wise where is TMX heading, or what is their plan...?

    I think the recently announced JV will monetise part of their resources, which should then put them on a surer footing to advance Wonder North...

    I think the industry as a whole will see a lot more of these partnerships, where cash-strapped juniors with viable deposits get together with those with either the capital or the equipment (or both) to realise the value of the resources.

    IRM obviously see the value in TMX - that is why they launched the hostile takeover bid.

    It is up to you to work out whether you agree the value is there or not...

    Y
 
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