TG1 11.4% 3.1¢ techgen metals ltd

Ann: Maiden RC completed at John Bull Gold NSW, page-7

  1. 10,168 Posts.
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    This micro cap is a good one to follow @WoodySpoon@Zenzen - always a bit surprised to see it jerking around in $1000 increments, but it's due to the low float and very small,trades.
    e.g. today three of five trades are for 1098 shares, two yielding $613 and one $592 !!!! One was on CXA Two on ASX - WTF?

    I like John Bull (Jack-a-dak) - it's in gold country and the oldtimers found reefs to sink shafts on, so expect those reefs to yield an oz per ton at least.
    Then next there was work done by sluicing. I took a new look at Ion Idriess 'Prospecting For GOLD' because he has lots of detail on the methods which were used in high pressure sluicing.
    Here are some pics. Many more in the book, of course all his books can be very valuable, if you can find them. [Lassetter's Last Ride, The Desert Column etc etc]

    TG1 mine is also over the river from Cangai Copper, - interesting mine that, with promise of new ore bodies, but never found.

    https://hotcopper.com.au/data/attachments/4607/4607319-1ff1fb71abadaad82b38ecba77533967.jpg
    https://hotcopper.com.au/data/attachments/4607/4607323-eda49ed5a73889da532fc4bfeefa5526.jpg


    Last edited by JandJ: 19/08/22
 
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