TG1 0.00% 3.1¢ techgen metals ltd

2.6c got filled. Seems a bit crazy people selling at these...

  1. 2,054 Posts.
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    2.6c got filled. Seems a bit crazy people selling at these levels (almost cash-backed). And it's not like that TechGen don't have more potential projects in case one fails (that the cash would disappear nonetheless), instead i reckon they have got some interesting projects in great variety and potential (gold, copper, Li, REE Zinc/Nickel/Silver, PGE..):

    https://hotcopper.com.au/data/attachments/6075/6075644-2fc3e56f116bc1adfa281108cae12f55.jpg

    https://hotcopper.com.au/data/attachments/6075/6075618-1a0e47f78d85e080d342ce41749d443b.jpg
    https://hotcopper.com.au/data/attachments/6075/6075733-9a0994df7b3476b647bb2f4f739f21cf.jpg

    Apart from gold (ATH) and copper, zinc is back on rise as well by the looks (Li and Nickel in a bit of waiting mode esp Ni); they drilled the John Bull gold deposit in 2022 (looks quite shallow, with decent intercept/width and average Au grade yet think of the gold price has risen from around A$2,600/oz in 2022 to now A$3,500/oz !) and they are planning for Stage3 drilling; the delayed Li exploration/drillings at Ida Valley (due to wet season) will commence very soon or is happening (news imminent?); and personally i particularly like their being tight in quarterly budgeting and i found they are very consistent/frugal in their spendings which is always a good sign for any junior explorer with very limited fund. Aimho, fingers crossed and GLTAHs!
 
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