TGS 0.00% 4.9¢ tiger resources limited

goals for shareprice by german speaking analys, page-2

  1. 1,648 Posts.
    Thanks for those figures. I found a report on the Tiger website dated the 30/1. It appears to be a broker report/magazine article. I translated it online as it was in German so my apologies if a few bits don't follow. Tiger is looking good:

    With sensational drilling results of up to 4.58 percent copper over 67.4 meters tiger Resources Ltd has. (WKN: A0CAJF) the world class potential of the Kipoi-Kupferprojekts in the kongolesischen copper province Katanga again confirms. In the Vererzung found in five Bohrungen, it concerns surface near extremely intense oxidisches ore, that counts as easily degradable. Previously the Vererzung in Kipoi Central was tested only on a length of 300 meters; the total structure is however at least 1.5 kilometers long! Sven Olsson

    Independent observers who were youngest on the spot designated the results as an important confirmation of earlier results. We had already in September 2006 and in May 2006 (see www.goldinvest.de) on the exception position of tiger referred. All warehouse sites of tiger Resources in Kipoi are 85 kilometers west of Lubumbashi. The kongolesische copper belt belongs to the largest and richest raw material provinces of the world. Existing warehouse sites of world rank are Tenke Fugurume with 550 million tons in 3.5 percent copper and 0.3 percent cobalt as well as Kolwezi with 760 million tons copper in percent average 4.4.

    It is worthwhile to imagine in this context once again, what 4 percent (40 kilograms) copper economically mean ore per the ton. The metal values of a ton ore amounts to in the current copper price of 2.50 USD per Pound approximately 200 USD. In order to obtain the same metal value for a gold project, a gold mine would have to be able to show already at least 10 grams of salaries average per ton. The most important message of the youngest tiger-message is that the exploration speed clearly will increase from immediately. Tiger announces 2007 further 60 Bohrungen until the end of April and would like altogether 9000 drilling meters of abbohren until there. To date just once 960 meters were bored on Kipoi Central. Tiger controlled are in the mean time two diamond drilling devices on the project, two further RC-Bohrgeräte on the way. We assume that tiger in the near future will publish substantially more results in poet sequence, what should inspire in comparable quality of the results the course.

    We see with tiger Resources on the current state clear parallels to Moto gold mines three years ago, especially what concerns the size and the growth speed to be expected. Yet tiger Resources defined no resource, but with soon four drilling devices on the spot the determination of an "Initial resource" should be very quickly possible. We reckon already in April this year with a first resources calculation. In Moto, the resources-Updates led each time to course pushes. That should be with tiger not differently. The definition of an "Initial resource" could provide also that reinforced institutional money flows into the share. Analysts must justify its Investment with mortgageable numbers.

    A further parallel to Moto: The tiger team tightly organized the project management in the mean time. At the tip, david Young, Managing Director stand both Australian, and mark Gasson as Technical Director. Permanent in the Congo the project geologists Michael Jackson are resident as a senior Geologist and under its supervision Pierre Jonger as a geologist for Kipoi as well as Luis Clerot as a geologist for Aurum. Are additional 10 kongolesische field geologists in the use. The office in Lubumbashi becomes manager of Yves Chevalier, administration, led.

    In the connection with the mining fairs taking place in February Indaba in South Africa and the Africa Mining Congress in Zambia, is planned that analysts of different houses visit the project. The Australian Macquarie bank tade part with tiger already with 2 million AUD and paid 0.54 AUD. We expect that the analysts will express purchase recommendations after its visit. Therein the chance for private investor, that lies position itself in our eyes already now. We renew therefore our purchase recommendation and see our old estimation of 1.00 AUD meanwhile as rather conservative.
 
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