re: good announcement? - you bet! TTR is the great unheard of...

re: good announcement? - you bet! TTR is the great unheard of stock.
The MD Norregard comes from the under-promsie, over deliver school. They have millions of dollars worth of gold about to be pumped out from early next year and haev cut a deal with a major US commodities house for some of the off-take.

Today's announcement is the first time the MD has been so certain of the viablility of the project that they have released numbers. They have got everything in place and will be cutting a financing deal in the next few weeks. Even if they hedge a bit now and lock in some profit, there is considerable value to be had.

Remember this is the same company that took over a nickel mine that they expected to last for only a short time and the thing kept churning out nickle for years. They are so conservative with their announcements one could almost forget they are based in WA!

I hold and am looking forward to some east coast recognition when they talk to some brokers and get the story out in the open.

This is not financial advice, seriously.