Have an extremely good look at TGS. I see little risk with blue sky very close either tomorrow or next week. They have raised $15m in cash. Current price is 65c - historic closing high is 66c. Very close to being substantially re-rated. Buy on any weakness.
Website:
http://www.tigerresources.de/public/start.asp?sid=2&lid=2&mid=4110&a=%
Tiger's 122m of 7.31pc copper in Congo
10:36, Tuesday, May 15, 2007
Sydney - Tuesday - May 15: (RWE Australian Business News) -
Tiger Resources (TGS) reports Hole KPCDD010 at Kipoi Central has
reported an intersection of 122m at 7.31% Cu from 111-233m.
The intersection includes a high grade zone from 114-141m of
oxide/transition mineralisation that returned a value of 27m @ 11.72%
Cu.
Kipoi Central is 85km from Lubumbashi in the Democratic Republic
of Congo (DRC) in the Katanga Province and contains five known deposits:
Kipoi Central, Kipoi North, Judeira, Kileba and Kaminamfitwe.
Hole KPCDD010 was drilled on same section as KPCDD005 and has
confirmed the down dip continuity of the high–grade, 102.5m @ 7.29% Cu
intersect reported for KPCDD005.
Hole KPCDD024 intersected significant malachite and chalcopyrite
Cu mineralisation extending the strike length of known mineralisation at
Kipoi Central by a further 100m to the south. Assay results still
pending for holes KPCDD011 to KPCDD024.
Copper mineralisation at Kipoi Central is now delineated over a
minimum strike length of 550m and is still open along strike to the
South and at depth.
Four diamond holes drilled to test a 900m long Copper soil
anomaly located to the west of Kipoi Central all intersected visible Cu
mineralisation with widths of up to 12m. Assay results pending.
Tiger gets potential for high grade cobalt at Kipoi
13:29, Friday, June 08, 2007
Sydney - Friday - June 8: (RWE Aust Business News) - Tiger
Resources (ASX:TGS) has assays which show the potential for a high grade
cobalt deposit at Kipoi Central, Democratic Republic of Congo, as well as
continuity of high grade copper.
All holes showed significant copper mineralisation.
A high grade cobalt intersect of 39.6 metres at 1.54pc was
assayed.
The continuity of cobalt mineralisation above 0.5pc extends over
at least 150 metres and is open in all directions.
An intersection of 27.2m at 2.66 per cent copper has confirmed
continuity of high grade between sections.
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