TTR tectonic resources nl

distressed sellers just about done

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    Consistent buying over last week or so and sellers slowly starting to thin out. I still believe our main buyer has a limit of under 6 cents at this stage. They do not appear on the buyers list but just snap up any seller that puts in an order to sell at 5.8 or less at the moment. They will probably get a few more but most of the distressed stock has now changed hands.

    TTR now needs some good interim news from the current Phillips River drilling program to give the share price a boost. Should move up over the next month or so once the momentum swings. Gold on the way up with inflation fears but base metals having a less favourable time. Long term view for Phillips River is still very positive on metal prices.

 
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