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0.3¢ somerset minerals limited

Ann: Appointment of President - Jason Bahnsen, page-74

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JabbaDaHutt

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31/08/20

20:11

Post #: 46967027
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Originally posted by LXH-AU: ↑

lol Debbie does Dallas

I find that the rising tide hasn't come in on the TSXV as it has with the ASX. That's why the Australians have done a lot of M&A of Canadian assets of late, including TMR. I think the Canadians still don't know the bull market in gold has started.

So there is a lot of concentration with a handful of names because management can promote and attract capital. Those names ultimately attract premium valuations. I follow a few unloved gold companies over there and they are unloved because there are just so many to look at. It's quite the task to stand out and compete for capital and attention. TMR may have the same problem unless they strike a deal with a well known locally listed company on Mineral Creek just for publicity.

Over the short term, a TSXV listing might give a little boost, but longer term, I do think the Canadian listing will give us better valuations over an Australian only listing when gold is more people's lips.

Talisker and Westhaven have released below par results last I checked. TMR should be trading at those levels.

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ahhh agreed. TMR should be much closer to 80mm then 20mm MC.

TMR Price at posting: 35.5¢ Sentiment: Buy Disclosure: Held
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Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $3.092M

Open	High	Low	Value	Volume
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No.	Vol.	Price($)
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Price($)	Vol.	No.
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