TAR taruga minerals limited

Ann: CEO Video Presentation, page-5

  1. 1,268 Posts.
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    The SP has been a huge disappointment to date. Could have earned 20%+ in a low risk index ETF over the last year, rather than being in the red on TAR. But that doesn’t mean that TAR won’t be incredibly successful in the future.

    The company is working off virgin ground in a massive land package. It simply takes time to systematically explore what they have. The new announcement on Zambian Copperbelt modeling, should have sent the share price way up. The company is essentially saying that we have all the ingredients of a massive high grade deposit like you would find in Central Africa. Grades 10%+++

    Unfortunately, between Flinders and the initial Wyacca drill announcements, TAR probably did lose some impatient shareholders, but those aren’t the types of shareholders one would want on their register anyways.

    sooooooo many highly prospective targets across three massive tenements + the permit areas, which are as good as locked in (good enough that the company is reporting on them).

    Even if Wyacca is a flop, which I highly doubt it is, we have:
    - Morgan’s Creek (also Zambian style potential)
    - Birthday ridge (already know we have large low grade intercepts from historic drilling)
    - Flinders (hopefully only 2 more months to resolve the native title issue)

    Plus many many others, some of which the company likely hasn’t even released.

    TAR is not a one trick pony and the market is valuing it like it is.
    Last edited by ccc123: 14/07/21
 
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