Ann: TAO-1 Operational Update, page-65

Institutional stockbroker BBY has put a speculative buy recommendation on Tangiers shares with a price target of 82c. But the real upside is highlighted by BBY’s estimate of what could happen to Tangiers shares should just one of the three targets within the well contain oil.

Known as the Trident prospect, BBY says this target alone could see Tangiers’ shares valued at $5.60.



SEAL is now proven, COS for trident way above 29%

DYOR