TMZ 0.00% 0.5¢ thomson resources limited

Ann: USA Institutional Share Placement, page-49

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    I am going to expand on my previous thread and touch a bit on why I prefer TMZ over the other two for the next huge silver run up ahead.

    SVL:
    a developer, or better call it an underground silver ETF as dubbed by SVL itself

    1. the share trading pattern has become really really heavy after going through a huge CR in late Q1 2021 which generated AUD $30 million worth of shares @0.225, then a few months later a whopping amount of options exercised injecting an additional approximately 106 million units of shares into circulation.
    2. mining permit pending approval

    I still like SVL just not as much as I did before all the above.


    IVR:
    basically a small single project explorer which has been trying to find a satellite deposit for a decade without any success so far
    1. assay results from the latest drilling program
    2. PFS
    3. its next step also a concern for me

    Both 1 and 2 are overdue and going to disappoint again in my view following the disappointing MRE update a few months ago


    Aside from the current explosive looking silver price, I am considering to be a buyer again in coming days also because of the following experience:

    IVR at the end of July 2020 had a CR @ $0.03 which took place days later after silver successfully broke above $19. A huge sell off ensued from announcement of the CR. Lots of cute investors thought they could buy back at $0.03 or lower so they liquidated IVR only to regret it not long after.

    Speaking from memory, IVR closed at $0.046 right before trading halt, share price was dumped to as low as 0.034 the day when trading halt was lifted. As they were posting all kinds of negative stuff and complaining on HC, I backed up the truck and loaded up from 0.035 all the way up to 0.040 which turned out to be one of my best silver investments since 2020.

    You can check my history posts on IVR thread in early July and see for yourselves.


 
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