CUB and everyone here some simple maths and logic...
The Armenian gold project was never going to ever represent more than 10% of the value of TMR.
There's an even bigger gold resource in Portugal dont forget.
The copper prospects and likely resource upgrade are likley to make Armenia even more insignificant in the future - even if Lichkvaz was to fulfill all its promises - which I still believe it will.
So the share price has dropped from the 20 cent plus range that Hugh Callaghan bought most of his shares at to ridiculously low levels right now.
I accept that maybe the share price should have dropped maybe from the 20 cent recent level to 18 cents(about 10%) .. not where it's now trading.
There's a lot of positive copper price news, that should have overriden whatever negative sentiment there was back past 20 cents now in my opinion.
It's not time to overreact it's time for cool heads and simple maths.
CUB and everyone here some simple maths and logic...The Armenian...
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