I'm following, but sold out after 6 years. Main reasons below. - Sat on 3 bagger so took it - Bulk ore ampling agreement with PAR vanished without mention. $5mil given for that and barely a line of accounting to show where it went. It was also subject to grade so that's a flag for me until explained otherwise - Sprott stream funding also disappeared as it was pending due diligence. Not a single word on that. Another flag. - CEO left, nothing but a sentence in a quarterly about it. Flag. - Timelines continue to drag out by several years without sufficient reason, another flag for lifestyle stock.
In summary, it looks like a great project on paper but I'm not confident enough about the reality of it hitting production.
The positive is that they seem to raise capital with relative ease, albeit from Hong Kong based interests.
If the MC drops below $60mil again I'll start to reconsider. But it will be a trade/punt with the expection that this will not achieve finance let alone production.
All IMHO, not advice. GLAH
TGM Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
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