Whilst i dont think they will raise now, a hotly contested stock will likely rise on the announcement of a CR as the event is cleared and the run way is created.
Take a look at SLM...
New acquisition with spod noted, acquired at a time when the Company was low on cash... once the CR was announced, the stock flew from 50c to over $1....
TG6 has had 1.5x its SOI traded in only 3 days...
money is piling in fast... this stock is no doubt hotly contested...
SLM had rock chips and visible spod, a strike length over over 1km and got to over $100m from memory prior to drilling, whilst in Brazil... TG6 has spod in DRILLING, open everywhere, multi km strike potential and is in our backyard of WA and will shortly do more drilling...
again, whilst i dont think there will be a CR now, i didnt bother waiting this morning as i dont think there is much thats going to stop this stock for a while.
enjoy the ride up the slide.
TG6 Price at posting:
48.0¢ Sentiment: Buy Disclosure: Held
