if you have any doubts about TMR's direction have a listen to the last minute of the boardroom radio interview on the 3rd of March, Hugh goes to into detail about the Armenian Gold assets and how they have been approached by parties from Asia in regards joint ventures or even a possible sale, I think this has led the company to believe they can make a substantial profit from on selling the Lichkvaz Gold Project and applying the funds to the exciting Chilean Copper assets.
And the best way to enhance the value of the Armenian assets is to increase the resource and thats exactly what they are doing with the current 45,000m drill campaign. Remember there is already excellent infrastructure on site which adds to the appeal of any buyers.
http://www.brr.com.au/event/42052
TMR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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