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1.1¢ triton minerals ltd

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HSydney

5,732 Posts.

08/08/14

11:27

Post #: 13789312
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Originally posted by PPPPP ↑

TON has been volatile and at the mercy of day-traders shaking things up. All the work that's been reported by the company is showing Nicanda to be analogous to SYR in terms of grade, recovery and flake size, which is not surprising given it's right on trend and next door.

TON, while less progressed than SYR is also about one sixth the market cap of SYR and will benefit from the work SYR is doing in opening up new markets for graphite.

Last lot of drilling results confirm the depth and continuity of the mineralisation, which will ultimately see a very large resource upgrade by year end, with tonnages larger than SYR.

There is no doubt that the graphite exists in commercial quantities. This is not an exploration play, but more so a development play as markets have to be developed and offtake agreements struck.. Again SYR is leading the way in making this happen.

SYR or Glencore could ultimately look at taking this over.

Im not posting a recommendation, but just trying to state a few facts and observations that are getting drowned out by the stocks volatility

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Thanks for putting it In laments terms for all the idiots out there...
AMEN To that...

TON Price at posting: 36.0¢ Sentiment: Buy Disclosure: Held
6 Upvote

0 Great analysis

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