TMX 16.7% 0.4¢ terrain minerals limited

Ann: Highly Encouraging REE & Gallium drill results Larin's Lane, page-15

  1. 211 Posts.
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    Just caught up with the announcement. Lots to digest here which is becoming standard for TMX and their announcements.

    I agree with everything said here, there is lots to like. But this statement has made its way into a few releases now:

    Terrain also intends to continue to advance the Gallium potential at Larin’s Lane and its Lort River projects in
    parallel with REE exploration across these tenements. This reflects the Company receiving interest from unrelated
    third parties in relation to these commodities.

    This means to me that there are other big players who are interested in getting in on what TMX may have and you only have to look at what happened to RR1 today after Delta came on board. The difference is though, RR1 was dying. TMX is in a strong position to dictate its terms if someone else wants to come on board and that can only be a good thing for shareholders.

    Good luck all, I think we are in for a good ride.
 
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