TGM 0.00% 17.0¢ theta gold mines limited

Ann: Expedited Approval of EA by end November 2020 from DMRE, page-16

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  1. 3,833 Posts.
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    @jonfrum
    "Seems like TGM are unlikely to break out of the permitting roadblock any time soon.
    In it for the long haul
    ?

    TGM has attractive valuation for the long haul. Up to you as to whether worth buying now at lower price or wait until the permits are obtained (hopefully).I am sitting back at present. Too many risk factors - viz. US election, permits.The majority of resource is for underground mining which is approved, and so at worst we have a delay in reaching production at higher cost but any increase in the POG should compensate for that. So, use of funds in the interim whilst waiting for permits may be the deciding factor.
 
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