Agreed Richard
I guess that's the nature of the market these days. Whilst the acquisition looks very promising (and appears to have been picked up at no cost) the addition of further ground is unlikely to propel the sp in this market.
It seems to me that whilst TNR has raised a few eyebrows around the goldfields and is on a lot of peoples radars it remains under the radar as far as the general market is concerned.
I'm hoping that the company will receive a strong response to its upcoming capital raising and then be able to get on with further drilling at Zuleika and advancing Mt Stirling (we should see some good results here).
I suppose that the prospect of a CR will be somewhat dampening on market demand for TNR shares as investors may look to partake in CR rather than try and pick up stock in a thin market
TNR Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held