TMX 16.7% 0.4¢ terrain minerals limited

great western, page-9

  1. 1,731 Posts.
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    The market today is not interested in explorers drilling up a resource or extend it and to look for funds to do it.

    Only a J/V announcement to fast track to producer is what will move this stock. Just look around the market and you will see far too many other explorers with the same problem.
    A lot more cash is needed soon and further dilution is also against us. Forty years ago we would be mining this gold as we extended the resource and the life of the mine.
    As was pointed out plenty of options to toll treat current resource.

    The positive is if Gold continues to rise a better price/profit will be achieved long term provided we go into production.

    The current SP is enormous value for a proven resource only/if they are able to mine it. Thats the problem. Do we have the management to do it as well as the capital .
 
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0.4¢ 0.4¢ 0.4¢ $455 130K

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4 2378192 0.3¢
 

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0.4¢ 23390292 13
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