I was on the fence about TMG being a Buy or Sell, but after today's land grab, while other projects sit idle or remain months overdue on promised updates - I'm now putting it as a Sell. Will more than likely be a green day, but long term I'm not convinced.
I wonder when the next CR is due to fund the next lot of acquisition. It doesn't seem like WCC is the main focus at the moment - or maybe it wasn’t even their plan to begin with. It looks like they're shifting their focus back out west, where there are fewer issues with locals and accessing land.
There are no assays yet from the Drummond project, which are well overdue. It seems as though this acquisition is merely an attempt to cover things up and keep the market interested.
(I know the below is somewhat old news not related this this acquisition, but I'm looking for answers)What about the Taylors Arm Project (EL 9668), originally owned by SUM back in 22/23 under the Windfall Antimony Project (EL 9235). Now it has been split into two tenements, renamed and conveniently acquired by TMG, which is located in the same building as SUM. Did the locals deny the project going ahead and SUM flipped it to TMG as a sweetener and hopes the market didn't dig up the history and realise it has been split into two.
What's the plan with these two tenements? Are we playing pass-the-parcel from one land grabber that hasn't produced any results (SUM) to TMG, which just seems interested in grabbing land - even though results for the Gold project were due months ago? Maybe TMG is just land grabbing is the hype of the price of Antimony and has no intentions of actually successfully getting one deposit to production and prefers to just take rock samples and surveys...
I know I'm going to get hate comments and be called a down-ramper, but hey, genuine questions with no answers. Until I see some movement on the ground, this just looks like another junior explorer grabbing land, just like we saw during the lithium boom. Only a few ever made it to production—will TMG be one of them? At the moment, it doesn’t look like it.
As for today's land grab, I guess we add it to the list of things to do for TMG.
DYOR, NFA. Hate comments are more than welcomed, haha, or maybe just provide some answers to my questions that I don’t have yet.
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