mine money, page-40

re: clear thinking I agree with some that it is very strange that EXT did not come out with the 'positive' news of its gold project. It is material and price sensitive.

My take on this is that TTR had to come out with an announcement notifying shareholders of the reason behind their suspension (ie their inability to complete and lodge their financial accounts). Central to the reason they cant do this is because the financial status of the Burnakura Joint Venture is unknown.

Perhaps EXT are waiting for a price to be negotiated on its sale before making an announcement?

Or perhaps there is little communication between TTR and EXT?

An announcement by EXT should have been made even if it was copying TTR's word for word.

Either way this has presented a tremendous buying opportunity.

The gold operation has not worked out for them and the bad news re the project has all been factored into the price already imo. The project does have potential however and I dont see why it will not receive interest from a gold junior to snap it up.

The sale will boost cash, as will the 5 mths worth of production. This means vital cash for their Uranium projects. Its full steam ahead on this front.