TKM

6.25%

3.0¢ trek metals limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49

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Rene3223

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31/01/22

17:43

Post #: 59252038
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Originally posted by Black Cat: ↑

Wrongsider Read the link posted by mjp2 -it's very instructive. VMS deposits are a huge 'gamble' only pursued by small explorers with not much potential to bring in a major partner and after all isn't that what you would like to see happen with TKM. So even if after a few years or many years TKM delineates a VMS deposit you might have a long beard before that puts TKM on the map. You will all get tired waiting -
De Grussa was a very lucky hit on one of the richest 'smokies' you will ever find - which one of our late favourite sons Graham Hutton was targeting - and if you find a VHMS deposit like that its happy days. When they came up with the first drill hits I said $ 5 a share and it hit them out of the ballpark exceeding that by a country mile. But guess what -after extensive exploration by SFR and fifty other companies over many years no more smokies nearby.
None has suggested TKM drop Pincunah -I don't recall saying that but what I am saying is don't focus solely on Pincunah -grasp the lithium nettle as well as the gold.
The brutal fact is major companies are falling over themselves to gain exposure to battery metals but they are not knocking the door down for a Pincunah. So all TKM has to do is first 'mention' lithium -allocate a small part of the exploration budget to that commodity -and gold - get a premium in the share price and then let someone else pursue the lithium if they wan to devote their entire life to a small VMS deposit.

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I Just love this part of the article in the link.

”But then, serendipity plays a large part in exploration success.”

Im glad I have my investment in serendipity. Haha. Shit…

I think I will keep that from my missus.

TKM Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49

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Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-49

Top Stories

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

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Lithium Universe (ASX:LU7) board visits Quebec to engage key stakeholders

Recce's R327 found effective against E.coli during clinical trial

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Microcap Wrap: 5 explorers with news out today

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