TTM 2.06% 49.5¢ titan minerals limited

Ann: Quarterly Activities and Cashflow Report, page-13

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  1. 2,662 Posts.
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    One thing's for sure: they'd have been right up the creek without a paddle if Silverstream hadn't waived their requirement to produce the required amount of gold per month. I never quite understood why they did that, but always presumed they knew it was going to be near impossible to achieve at the time but that they still had confidence in their investment over the longer term. Anyway, there's not much to be happy about on the gold production front for last quarter, though we already knew that, didn't we. With only about $400,000 odd left in the kitty it's to be hoped the optimism expressed for the current quarter isn't false, or else they'll be forced to raise even more cash, which surely would be a bridge too far. Fingers crossed they can deliver at last.

    As for the SP, it's hard to see it going north until the March quarterly is released and showing a decent profit on operations. By the same token, it would seem foolish to sell out at 0.2c at this point, having come this far, and with what seems like a reasonable chance of a profitable current quarter in progress. Definitely bottom drawer stuff this! Good luck to all.
 
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