daytrades feb 2 afternoon, page-88

wise one nice pick up

TNG

i thinkl we need to seriously look at this , many projects in a variety of resources

TNG has a multi-commodity resource portfolio in Western and Northern Australia, including ferrous, non-ferrous and precious metals projects, as well as interests in projects which are prospective for iron ore, vanadium, titanium, gold, lead-zinc-silver, nickel and copper.

TNG also has into a joint venture agreement with Western Desert Resources (WDR) on TNG's Rover, Goddard, Explorer in the highly prospective Tennant Creek region and the Petermann Range licences, Musgrave region. The projects subject to the JV are prospective for copper, copper-gold and nickel mineralisation. WDR are currently earning up to 80% in the J.V. areas.

TNG has submitted applications for several Geothermal Exploration Licences in the NT under its wholly owned subsidiary TNG Energy Ltd. The NT is prospective for geothermal energy and following the NT Governments decision to allow geothermal exploration in 2010 the company conducted internal research and identified 4 prospective areas


plus 3 mill in cash and only mkt cap 17mill and 258 mill shares