My view is that the tungsten and uranium assets should get a run at some point as pricing gathers pace. Also there’s a possibility that Ragged Range hits something nice early. But by and large I’m viewing THR as a cigar butt type play ie cheaply priced enough that it’s a safe bet that sometime it will run and that’s the time to take profit.
You certainly should not buy it on the expectation management will build something. Perhaps new chief changes things but since Mick is still the Chair, he’s probably still going to pull the strings.
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