TG6 0.00% 13.5¢ tg metals limited

What tin hat wearing nonsense. The quarterly was marked as price...

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  1. 2,974 Posts.
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    What tin hat wearing nonsense.

    The quarterly was marked as price sensitive, so you are basically accusing someone in the small TG6 team of committing fraud by supplying price sensitive information to selected retail investors in advance of the ASX public and those individuals happened to sell a few $10k's of stock on a day when a lot of lithium stocks took a hit. So far the evidence is that TG6 isn't leaking information. Prices are frequently jumping on ASX drill result releases.

    TG6 identified target areas A to D from the earlier soils work and applied for a PoW to drill areas related to those targets. They then identified target E and sought a PoW approval so that they could also drill that area. There may well be targets F onwards that are identified and new PoW approvals may well be needed to drill those future target areas.

    To me its common sense that you want to get a drill bit into each of your priority targets. Anything else than that would be stupid. The current Jaegermister drilling is exploratory. Its about what's there and does it look promising. Common sense indicates you want to know what each of the priority targets looks like so you can use the drill results and decide where to do follow-up drilling. Even if say target B had robust hits, it would still be sensible to know what's in target E because it might be better again.

    Taking a non-mining example. You are recruiting someone for a position and have 4 CV's and one that comes in late. The 2nd CV you look at is fairly good. Do you look at CV's 3-5 or throw them away without looking at them because you have an ok CV? Applying your logic, its a negative red flag if the person seeking to hire a candidate looks at all the CV's before making further decisions.
 
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