TTR 0.00% 40.0¢ tectonic resources nl

Ann: Scoping Study confirms viability of Phillips, page-14

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  1. 29,310 Posts.
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    re: Ann: Scoping Study confirms viability of ...
    His concern is the relatively low contained polymetalic grades and the possibility of metal prices retracting.
    I think we all agree that metal prices were driven up by stockpiling rather than fundamental demand, and that a retraction is possible, though hopefully not to March lows or (shudder!) beyond.
    My own feeling is that GEM might be our saviour.......if that turns out to be a substantial resource, its development may carry the whole project and TTR through times of low metal prices.
    Without something like that, dont you think a return to March lows would have an effect on the viability of Trillogy?
    I am personaly hoping the current exploration program will add substantial value to our in-ground assets and alleviate all uncertainty.

    GZ
 
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