TTR share price is greatly under valued. If we value the Company on Phillips River gold resource alone of 654,000 oz (no silver or copper etc credits) at an extremely conservative 5% of "in the ground value" - this represents a base valuation of over 12 cents per share. Add to this RAV8 plant and remnants, RAV8/Mincor 20% residual, Burnakura valuation, and Phillips River exploration potential - you have a extremely under valued share.
Add to this experienced, highly regarded management with a good record of exploration, development and production - why is the share price currently under 10 cents?
sp at less than 5 pc inground value
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