KJ, mate I don’t know how that happened. If what you say is correct, it means another group, probably the Chinese took over the gold process plant at Lorena. Malachite Resources who did own it went belly up. Wrong plant for the wrong ore type. Well now, that throws a wet spanner in my theory. The TBA announcement says “Acquisition” but doesn’t say “process plant”. May they have bought trucks to transport the ore to Round Oak or Lorena. Who knows? Maybe TBA bought Lady Annie? It’s in the same regional area. Or maybe acquisition, means TBA has been acquired? The question on everyone’s lips is, why no update on progress at Mt Freda. I’m told “ TBA can’t find the right people to progress Mt Freda. There was a guy on LINKEDIN recently a guy named Dan Mundy professing to be the Mine Manager at Mt Freda and a photo of an excavator saying how great things are. Even he’s gone off the air! Probably in reality photo not even at Mt Freda. Who would know. All I know is things had better change for the better at TBA and quick. I just hope this announcement on the acquisition on Tuesday is the money shot. Fingers crossed for holders!
TBA Price at posting:
5.1¢ Sentiment: Buy Disclosure: Not Held