TPL still holding up reasonably well considering current market sentiment.It may be awhile before an announcement on Mongolian assets is made. However, I liked the comments in quarterly report that the company is looking for quality coking/thermal coal resources.Reading postings on other junior Mongolian plays quality of resources is crucial to maintenance & appreciation of SP.IMO TPL may hold up a bit better than previous SP retreats after announcements due to management philosophy & company potential in Mongolia & Australia.
TPL Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held