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67.5¢ tietto minerals limited

Ann: Tietto Step-Out Drilling Hits 195g/t Au at Abujar SG Deposit, page-36

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cherryburn

1,083 Posts.

173

28/09/22

17:56

Post #: 63926964
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Originally posted by toddaus100: ↑

I totally agree mickloff.
People have become accustomed to the market heading in one direction only and as soon as it reverses , they are out and on to the next sure bet . I totally understand the philosophy of setting stop losses on stocks particularly if you are a day/ swing trader but in the case of TIE I think it is worth holding on pending imminent results .

TIE is in an enviable position. It is fully funded to POG and fully funded to prove heap leach and further exploration using the eight drill rigs they own . There cannot be many (if any ) gold resource stocks out there that are this close to production with this balance sheet and still trading at the current price of 0.435 cps .

I'm convinced there was a nod and a wink concerning company news when Chijin paid 0.58 cps . Currently their investment is in the red by $12.325 Million . I'm also convinced they have positioned themselves for a future buyout. Let's hope , when it does happen , the board rejects any low ball offer. An offer above the current share price will make shareholders think they have just been screwed over . All IMHO. GLTAH

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If the Company fails to put out Announcements due by Q3 2022 (next couple of days) then I envisage a drop to near 40c.

TIE Price at posting: 43.5¢ Sentiment: Buy Disclosure: Held
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