TMX 0.00% 0.3¢ terrain minerals limited

TMX Profit Great Western, page-3

  1. 300 Posts.
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    Agreed Fingers xed.EPL as a peer comparison has a market cap of 9mill,for a 60% share of a lower tonnage,lower grade deposit with the added impost of diverting 1.8km of highway around its tenement in order to mine.Though it must be said they are farther down the approvals process.My take reviewing the previous ANN's,is they are considering a dual processing approach of toll milling -onsite processing.That being the case,I would expect an AISC of 1k or less.The announcement I want to hear is that infill drilling has begun and that diamond drilling,in order to establish the parameters of the pit shell have also started..That milestone being reached,I would expect TMX's valuation to be in the 3-5 cents range before the end of the year.
 
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