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5.26%

30.0¢ tietto minerals limited

If this IP Survey does yield "something massive" then a gold...

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cherryburn

70 Posts.

08/08/18

16:12

Post #: 34808643
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Originally posted by Davisite ↑

This really underpins the value of TIE. They have a huge amount of very prospective ground which has a very good chance of yielding some good targets from the IP survey.

While Dr Fu is a hard businessman, he is not an idiot and he is would not be putting his cash and people into a resource which doesn't think has good potential. There is the very real possibility that they will find something massive. Now if only we could get some support from the gold price.

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If this IP Survey does yield "something massive" then a gold price of $1220 per ounce should be fine assuming an overall grade of 2.1g/t to 2.5 g/t for open cut mining .

TIE Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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