Hi TRO holders, I suppose TRO’s rise was abit fast and furious...

Hi TRO holders,

I suppose TRO’s rise was abit fast and furious –
And then Zinc takes a tumble.
1.35/1.40 per pound is an interesting figure.
Where to from here?

Interestingly TOE has ever so gradually recovered in price as TRO has been falling.
Still some discrepancy in valuations – but gap is closing.
TRO chart on weekly has a rising Wedge pattern – broken to downside.
Not a good look.

Comparing TRO to TOE:
TOE Common Shares: Issued 44.0 million
Fully diluted: 48.4 million @ C$1.07 = MC: C$ 51.8 m. (A$56.4 m)
TOE holds 49 million TRO shares.
Values TRO @ A$56.4/49 = A$1.15
**Allowing of course nil value for other TOE properties.

Regards, cy7