The point of this IMHO, is that TRO's resource is a much higher quality resource, and from such TRO will have a much more profitable mine. If CBH are producing and worth around the $600M mark (with brokers saying $800M is an easy target long term with lower Zinc prices), then with TRO producing what will they be worth???
Due to the higher quality, one would have to value TRO at least 50% - 100% higher than CBH.... 10 bagger still to come IMHO...
Can't be done??? ZFX and KZL are examples of where TRO is headed...
Looking forward to Feburary.....
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Taken from Resource Stocks Magazine
"Having seen an idea, and share price, take off, investors will want to invest in a similar-looking company to try to replicate the same capital gains. Zinc hopeful Tri Origin Minerals is considered one of those possible lookalike companies and its recent share price surge suggests some investors have already decided it is a story to their benefit worth backing. The Tri Origin story looks similar to the early days' of Kagara Zinc - a magnificent success story known to many stock market investors familiar with the mining sector. In the past several years, Kagara has grown from pretty much nothing to a major zinc producer with a market capitalisation of $1.4 billion. It has focused its attention on northem Queensland, building a series of zinc mining operations around central processing facilities and is now cashing in on the record metals prices. Tri Origin - even with its recent share market spurt that has seen the stock surge from 24c to a peak of 92c in the past month - has a market capitalisation of $76 million. As you can see, if Tri Origin can build a story like Kagara and deliver results, there remains significant upside. But instead of northern Queensland, Tri Origin is focused on the lachlan Fold belt of New South Wales,about 200km from Sydney and near the regionalcentre of Goulbum."
TRO Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held