TTM 5.88% 3.2¢ titan minerals limited

Ann: Drilling Commenced at Dynasty Gold Project, page-5

  1. 415 Posts.
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    Unfortunately the gold price is only giving a boost to the producers. You would struggle to find an explorer that has performed well over the last couple of years.
    There is a lot of global economic uncertainty and it costs a lot to drill and prove a resource.
    The next news would have to be regarding our cash position. A few months ago, the communication I had with the company was that there would unlikely be a dilutive raise but the preference was for a strategic partnership. We have had multiple site visits from large companies and hopefully we will benefit from this.
    Personally I wish my average was 5.9c but
    unfortunately like many, my timing was wrong investing in this space. I'm happy to hold and I'm confident I will see some reward down the track.
    You are right though, we definitely need some news.

 
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