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One thing that I find a bit strange is that TMR acquired the...

  1. usernam
    282 Posts.
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    19/02/20
    09:27
    Post #: 43012818
    One thing that I find a bit strange is that TMR acquired the Ecuadorian leases for a relative song (100 K plus 3.5 million shares).

    Why would the two gold companies involved sell the asset so cheaply given the discoveries a stone's throw away?

    That Next Mining Boom article said that previous drilling hadn't gone deep enough. Hoping that someone with longer involvement with TMR can provide some background on this thanks ...
    TMR Price at posting: 24.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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