TGM 2.94% 17.5¢ theta gold mines limited

Ann: High Grade Gold Assays at Theta Hill, page-14

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  1. 3,137 Posts.
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    @ozbucheron...I read the whole ann and the interesting details are often found in the JORC checklist...can't be bothered to find the information but what I said about internal assessment is in there.

    @87crash...I always take a grain of salt when I read rampers...you like the feather so bit kinky but if that's what you like!

    As above they do internal assessment as stated in the JORC checklist, sometimes worth a read for more detail so maybe use a whip to help remind you to check the detail...jokes!

    5.7moz...not 600m or 6moz, my bad. More than half of that is underground so not even on the radar for the near future I would imagine. If they can convert the majority inferred at Theta Hill for open cut then gr8 but when you read the detail it appears they're not even bothering with much diamond drilling (2000m) based on the poor ground quality for core recovery.

    I think this could be a gr8 company but just pointing out some IF's that I feel are key in making any assessment on investing in this speccie.

    It concerns me too that they are not just satisfied with Theta Hill and feel the need to move to other satellite locations. We need the ~580koz at Theta Hill moved to indicated/measured for the DFS to make any of this happen.

    The market is certainly paying some attention now as we're $10m up on our measly MC...keep on drilling Guy!!
 
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