I first bought into Titan at 14c pre consolidation (equivalent of $1.40 ) in October 2020. You must have entered well before that. I feel your pain as I am in the same situation with a couple of other stocks where I bought at the wrong time or was blindsided by poor management performance.
Since I became a holder, aside from the delays with the Dynasty JORC, I don't believe the company has done too much wrong to justify the shareprice dropping to 1.7c pre consolidation (17c in today's equivalent). The poor shareprice performance is not confined to just Titan. Most junior explorers have had a similar performance in this market.
A great management team with a proven track record has been assembled led by Chairman Peter Cook. CEO Mel Leighton has done a great job with presentations and increasing our exposure to investors. The timing of growing the Dynasty Resource appears to be right with gold and silver at record prices.
We have drilling to come at Linderos with our JV with Gina and that is funded, hopefully as copper is more in favour as predicted by many.
We just received $3m from Gina and we can use that for drilling at Dynasty next month. We also have $9m from options that will be exercised so no raise will be required for a while.
Hopefully the company can capitalise on the positive momentum with some consistent news flow. Goodluck to all holders.
TTM Price at posting:
60.0¢ Sentiment: Buy Disclosure: Held
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