TTR tectonic resources nl

holdings in gold stocks a positve, page-26

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    ATV Gold Corp up another 3 Cents overnight to 72cents. TTR has 2.5m shares. It has come from 25 cents several months ago.

    Tectonic's shares (not including the same number of warrants) are worth approx A$2.2m. (after conversion from Canadian currency)

    Looks like TSX's gold juniors are doing better than the ASX.

    ATV's Burnakura mine is set to commence production next month after the necessary plant upgrade. Some very good drilling results have been seen over the last 12 months with good upgrades to TTRs/EXTs original JORC resource. Anticipate they will have excellent head-grades going into early production. The crusher circuit was commissioned last November. Expect costs will be impressively low per oz ..... nothing like the A$800 per oz when the plant was operating inefficiently.

    I'll keep you all informed of how ATV Gold is performing.
    Every little increase in share price helps the Capital base for TTR.

 
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