TBA 0.00% 2.6¢ tombola gold ltd

Hi Meteor It's definitely prospective and a good location given...

  1. 7,336 Posts.
    lightbulb Created with Sketch. 1974
    Hi Meteor

    It's definitely prospective and a good location given the history... but assays will tell the tale.

    My focus has been on hoping to be in a company which strikes a commercial porphyry. I also hold stock in the companies exploring the Lake Torrens prospect [which is not that far away but currently on hold]... their JV blew through $5M in 6 months for 2 abandoned holes and 2 completed holes with nil discovery. That exploration project is a much tougher gig than this one with extra incumbent costs... but the ground is also [on the 'desktop'] prospective.

    The AMG management has done very well to get the money without dipping into SH's pockets and it will only take a discovery hole but that is the 'fun' part. Cadia, one of the largest of its type in the World, took multiple holes to find.... Carrapateena was found on the first hole, then it took several holes to find it again.
 
watchlist Created with Sketch. Add TBA (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.