TNC 4.35% 4.4¢ true north copper limited

Mentalist123, page-10

  1. 290 Posts.
    lightbulb Created with Sketch. 101
    Times are a changing! TNC has 4 million tonnes of viable Cu/Co/Au at Mt Oxide. That is production of 500,000 pa for 8 years.Question: why keep drilling? Why not doing a feasibility study now, bring into production and then expand resource.? High grade drill results just beep the stock up for a day or if your lucky two days. Day traders take their money and wait for the next high grade results. I think the TNC Board need to think a bit deeper and become a miner not a promoter. If going to rely on the odd high drill results only, the next cap raise will be under $0.15c. Investors and day traders are more sophisticated in 2023 and all can see thru glass. (no more blur) Remember there’s 100m TNC shares out there from the pre-cap raise done at $0.10c and I’m sure they have itchy trigger fingers syndrome, “right now” Shareholders don’t give a “fig” about a company or the feelings of its directors, “just the company share price”. If a mechanic takes a month to fix an oil leak in your car, you find another mechanic.Go hard or go home.
 
watchlist Created with Sketch. Add TNC (ASX) to my watchlist
(20min delay)
Last
4.4¢
Change
-0.002(4.35%)
Mkt cap ! $38.52M
Open High Low Value Volume
4.6¢ 4.8¢ 4.3¢ $87.21K 1.937M

Buyers (Bids)

No. Vol. Price($)
3 551745 4.3¢
 

Sellers (Offers)

Price($) Vol. No.
4.4¢ 11876 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
TNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.