I like the makeup of TAR and recently bought in as I perceive there is very little downside and plently of potential for a re-rating of the share price given the following info:
* TAR has a set of promising gold projects in West Africa
* Maiden drilling program has provided some very encouraging gold grades and drill results to date
* Major follow-up campaign scheduled to commence in Sept quarter
* Very good cash position of $4.5 million at end of last quarter
* Total market cap of only $4 million (@12c share price) .... less than their cash position and places no value on their projects
TAR ticks a lot of the boxes I look for in a company before investing.
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