TGM 0.00% 15.0¢ theta gold mines limited

Ann: Metallurgical Results Provide Confidence For Underground PFS, page-9

  1. 471 Posts.
    lightbulb Created with Sketch. 391
    Your last sentence hits the nail on his head, but that's only my humble opinion and that's why, I am here since "Stonewall" days !

    "I see this as a good mid to long term investment".

    Don't expect exponential sp movements like would-be explorers do like to have, expect slow but steady sp movements, as in the past.
    I am totally convinced for this one, if you are interested, read my post history for TGM.
    Only one point scrated my head at late oct: BoD didn't take up last option conversion at 30c.
    That's a pity, that would have created more trust among the small punters. Obviously they already regret it now !

    Perhaps my last post on a TGM thread as of
    Post #: 48569361

    gives you and other holders a little bit more confidence, as I do have !
    But be careful, this is not investment advice, it's only my humble opinion.

    And as said in the above announcement:
    "Metallurgical Results Provide Confidence For Underground PFS"
    - 450kg of bulk samples were collected from various shallow underground gold faces including at the Rietfontein, Beta and Vaalhoek Gold Mines with all showing excellent gold recovery with Carbon In Leach (CIL)
    - results based on nine 50kg sample sizes include, (not bad at all me thinks) :

    Rietfontein Gold Mine
    o 94 % CIL Gold Recovery average from gold face samples
    o 41% Gravity gold from sample RFTMET1
    o 5.48 g/t gold from Rietfontein Gold Mine sample RFTMET2
    o 11.23 g/t gold return from Rietfontein Waste rock dump
    Beta Gold Mine
    o 91% CIL Gold Recovery
    o 12% Gravity gold from sample
    o 7.76 g/t gold from Beta Gold Mine
    Vaalhoek Gold Mine
    o 91 % CIL Gold Recovery
    o 26 % Gravity gold from sample
    o 5.89 g/t gold from Vaalhoek Gold Mine


 
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