TMG trigg minerals limited

Ann: TRIGG ACQUIRES PAST-PRODUCING HIGH-GRADE ANTIMONY PROJECT, page-23

  1. 420 Posts.
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    @VatreniHR - reply function didn't work.

    1. I can't see where I mentioned in my original statement that there would be costs involved in the acquisition. I did, however, say, 'I wonder when the next CR is due to fund the next lot of acquisitions,' implying that there will be more acquisitions to come that will need funding.

    2. More projects mean more cash burn on exploration - rock/soil sampling being sent off, paying people to conduct the work - it all adds up.

    3. From where I'm sitting, it doesn't seem like they care about WCC. Why draw focus away from their 'flagship' project to spend time exploring other projects that aren't even developed to the standards WCC is? It's not like TMG is a $1 billion company with positive cash flow that can afford to run multiple projects at once.

    4. (Regarding the JORC comment). So they pay a company to update the JORC by lowering the cut-off grade due to higher antimony prices, and you call that something special? It's not like they've been drilling for the past year and have finally produced a JORC. All they did was pay someone to tweak a few numbers on a spreadsheet and upgrade the JORC size.

    I appreciate the reply, but it hasn't provided any real information, particularly regarding the Taylors Arm project and whether TMG will do anything with it - or even can, due to the locals. Maybe it just sits there with the other tenements as a filler. Maybe the land that has been removed to create the 2 single tenements was the issue and it has been resolved, IDK, time will tell.

    Slim
    Last edited by SlimPickings6: 04/02/25
 
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