Let's have a think about this people. If TPL mgmt had price sensitive information, they would be obliged to announce it. Not only that but they would be extremely keen to get a positive announcement to market (what company isn't!?)
Secondly, of the hundreds of quarterly reports i've read for micro/smallcap stocks, the only new, highly price sensitive information i've come across is updates to drilling results and even then it's mainly been because the timing of tje quarterly just so happened to align with the lab returning assay resilts to the company.
Company's rarely announce groundbreaking news via quarterlies.
With that said, unless something comes in tmrw, I expect TPL's commemts on Mongolia to read as it has the previous quarters:
"research into sourcing a Mongolian coal project is ongoing. Two local companies have been enlisted and the company will update the market as appropriate."
Hope i'm wrong. Still like the recent price action, consolidating at higher levels than previously.
TPL Price at posting:
2.6¢ Sentiment: LT Buy Disclosure: Held
