re: Ann: Extensive copper,lead,zinc anomaly, ... Coolamine,
I'm definitely for management continuing to investigate their entire portfolio. But only for low cost, long lead time investigations (such as what we heard the results from yesterday).
I would only be against large expenditures because the market simply does not like them right now. TNG is in a vulnerable position without a large cash backing.
TNG's flagship prospect is Mt Peake. Without it they are just another penny dreadful. Management will never forget this fact, especially after the way the market (and many of you) reacted (in hindsight might I add) so poorly to their expenditure of funds on the Mt Hardy drilling exploration.
It decreased their coffers to low levels, which seemed to spook a few investors, and now we sit at the worst price we've seen in years.
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