so the gold dust has settled after yesterday calamities.
job of juniors is to get to production or find something and offload/ takeover.
TMR is stuck in between, after spending lots of cash.
the good
-SW vein, matches up well with the best from region
-in reading other stuff the mill/ plant/ camp is more substantial than I understood (however not worth much without a resource)
-we have opportunity to b partnering with others locally with a resource get plant going, perhaps mine SW vein and cash up for exploration
the bad
-not drilling this year was a bad call infill number 9, moving inferred to indicated & more holes on emerging veins, raised the cash and wasted it
-management knew years ago we wouldn’t b in a position to mine economically but have kept promoting it.
- I have no idea or understanding on what happened to west vein? Just disappeared, this vein had been checked by multiple QP?
- management in general including geos
the ugly
-we were promised Elizabeth & Blackdome MRE…. No blackdome, no explanation
-the spend $$
-time wasted
-poor disclosure and porkies, even paid porkies
Some good reading is this …. Hard to find but it’s on Canadian Sedar site
March 2022 @dante941…. If u haven’t seen it worth a look.
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