graphalga

That would be a nice Company name change given its new graphite focus??
Just kidding.. but here are some thoughts regarding this stock.
IMHO its a promising story and one of the few worthwhile graphite stocks on the ASX.


TALGA GOLD LIMITED – TLG

1. Why did Tech Resources Limited enter an option agreement with TLG to sell its company’s iron, graphite (in particular) and gold deposits in the first place?

HAVE NO IDEA WHY YOU WOULD GIVE THESE UP FOR 500K

2. Company has historical JORC resource already established but essentially it has to re sample these all again?
YES AND HISTORICAL RESULTS ARE MORE LIKELY TO BE UNDERVALUED

3. So essentially Sweden will be taxed at a mining rate of 0.2% while those in Australia will be taxed at 40% when profits exceeds 6% of capital investment?

LOW ROYALTIES

4. How significant will the proximity to transport and infrastructure be for reducing production costs?

VERY SIGNIFICANT, HIGH MARGIN FOR PROFIT

5. The option to purchase the tenements in Sweden expires on the 30th June 2012, so when will the company pay the $500 000 to acquire them?

IT’S A DONE DEAL, THE COMPANY IS ALREADY SPENDING MONEY ON DRILLING

6. Are the metallurgical results and assays going to be released in June from the Swedish graphite tenements?

YES, THIS WOULD EXPLAIN THE GOING LONG ON SHARE PRICE IN PREPARATION