Management have high confidence in the tenements they're drilling. That's good enough for me as I trust them.
If you've been reading the regular updates they have been looking for an acqusition for over a year but they are still priced for perfection. TLM's management are interested in accreting value for shareholders, not acquiring boondoggles just to shut the noisy ones up. I think they have shown exceptional restraint.
TLM Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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