TMS 0.00% 1.4¢ tennant minerals limited

copper, page-38

  1. 932 Posts.
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    Hi Lookatthis
    Just reposting my post from 9th December, as it explains where I got the inform from.
    Cheers

    Hey Ajay
    I am not expecting too much from the rock chip samples, I had a friend go to the AGM and he said
    They just picked these samples up while they were there. It's not a big deal and they expect the results to be back in about a week, so about now.
    The company are more interested in securing the surrounding tenements before the place gets too hot.
    The quote I was given is that they don't want to be bidding against themselves in reference to the surrounding tenements, they just want to secure as much land as they can.
    Like Straws says they are building a company.
    My friend said the directors seemed quietly confident with a pragmatic approach and intend to ramp up drilling from February 2018.
    David Porter gave a little speil at the end and said "I think we have chosen the right commodity with The EV revolution, the area has not been drilled ever, there was some minor mining done in the 1800s and again in the 1940s but all they did was saw the cobalt outcropping from the ground and literally just dug out the outcropping veins, no one knows what lies beneath
    But DP said it is similar terrain to the Idaho cobalt region.
 
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