Good to see TRL up today in what was generally a poor day for gold explorers with lots of profit taking on those stocks currently capped around the $8m to $12m mark.
In my view TRL has stayed under the radar so far and that should change shortly when the expected news flow begins.
For a $3m cap you a very tight share register (due to past consolidation), at least $1m in cash and over 3,100km of land in a proven gold belt in Namibia (including land next to a 500,000oz deposit) and pending exploration licenses on ground to the North of Osino Resources Karibib Gold project (92m @ 1.40g/t and 37m @ 2.58g/t). A quick read about the current Osino projects and what they sold to B2 Gold highlights the potential for TRL and its current land holdings in Namibia.
Not bad for a market cap of around $3m.
Good to see TRL up today in what was generally a poor day for...
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Last
10.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $114.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $29.66K | 288.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 280086 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 43553 | 2 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| WIA (ASX) Chart |