trh next door to pmm the next tlm

  1. 1,201 Posts.
    lightbulb Created with Sketch. 12
    Im sorry, but this one seems like an absolute no-brainer

    Right next door to PMM and all the sampling and data so far shows that theres grades up to 66% in most areas! Around half of the assays I believe were of grades above 60% IN ALL AREAS SAMPLED from previous announcements. 123 assays to date.

    check out the latest annoucement! It has the sample grades and #samples.

    the company stated " All samples to date compare favourable to portmans published resrource grades of 61.9% FE...."

    At such a small mkt cap , and with IRON ORE being the in thing as long as investors and traders believe that prices are headed upwards, you really can go wrong in terms of a well educated PUNT.

    mkt cap is 32mill shares +options * 40cents = 12.8 mill market cap!

    Other coys with good drill hits and a decent high grade resource are trading at around 80mill mkt cap to 100mill

    I never buy a lot in speccies, adn i havent done so here either. Bought a small parcel in TLM 2 weeks ago for similar reasons to buying a small parcel here.

    * this could be THE NEXT TLM in the short-term !

    mkt cap is waaaaaaay too small given the potential and the proximity to PMM , the encouraging samples to date grading very high in the 60s, and dont forget that the MD is ex FMG and good buddys with TWIGGY

    IS THIS THE NEXT TLM SHORT-TERM
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.