Ann: Definitive Feasibility Study Progress - Low , page-5

re: Ann: Definitive Feasibility Study Progres... GZ just relax, have another glass.........everything is in good hands.

You are probably right a DFS is not going to ignite the general investor much, but I suspect brokers recomendations sometines hinge on solid information like like a DFS. Attracting interest from Brokers and Mining Investment Companies can be important for the share price.

TTR must continue to push forward on the exploration front particularly given their recent expansion of tenements. It can take ages to go from discovery to actual mining so the future of the company depends so much on having a stream of resource targets in the pipeline. Tectonic will be required to be proactive anyway to meets their exploration commitments which were part of the tenement aquisition deals.

Unfortunately there are not too many banks who lend money for exploration so it has to be self funded out of profits or by raising share equity. At the moment for Tectonic it is going to mean some small calls on share holders periodically over the next couple of years. Hopefully the efforts of the shareholders putting their hands in their pockets will be rewarded with some good strikes. A rising share price and an excitable gold and base metals market will make this a whole lot easier.

Also GZ I suspect there has to have been a change in sentiment towards TTR. Like every other time over the last 12 months there has been a pull-back after an announcement and rise in SP. It has not happend this time. What is different? Nobody (inc GZ) has been prepared to sell it down. Is it the strength od gold, general interest in juniors (have noted others moving higher across the board)

It has not been strong buying but rather lack of selling.....even those who took their allocation in the SPP don't seen interested in taking a quick 20% profit.

All good signs coming over the last week!