Billmac - Very few believe it though - that TTR are sitting easily on a $2 billion resource at Phillips River that is relatively easy to get at.
They are debt free and actually own their own free hold-land (Myamba Farm) on which the Trilogy deposit is located.
Even the most critical analyst would now suggest TTR shouls have a minimum market cap of $100K. Not quite a 10 bagger but not to be sniffed at. Further extensions at Trilogy/Kundip and increased JORC Reserve definition is required for that but it will happen.
Billmac - I believe TTRs management when they suggest Phillips River will be a 20 year mining project. The Ravensthorpe Commumity deserve a bit of good news following BHP's shock decision to pull the plug on their Nickel project.
New investors will do their research and find this one hard to resist shortly.
Biggest turnover today for a very long time. Pull back from profit takers and long time sufferers was to be expected. Happy with over 100% increase today and given the volume exchanged today hard to see any further retreat.
Billmac - Very few believe it though - that TTR are sitting...
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