TNC 1.37% 3.7¢ true north copper limited

Toohey, the forecast of 100-160 tonnes Cu metal says it all. How...

  1. 290 Posts.
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    Toohey, the forecast of 100-160 tonnes Cu metal says it all. How can you have a forecast of 160 tonnes of copper metal and a possible extra 100% forecast of 300 tonnes of copper metal. A normal forecast is ? Tonnes (plus or minus)+ or - 10% not 100%. That’s why I’ve turned the heat up on the directors RS. Just so everyone is aware: the slurry Copper Sulphate being (80% to 95% water) produced by TNC is a low Cu grade slurry not a dry powder. A dry powder contains 20-27% Copper metal. Slurry Copper Sulphate contains between 5-20% Cu but this mob have never given shareholder real tonnes or grades of slurry copper sulphate. TNC just say tonnes of copper metal, as not to embarrass themselves, probably. They never tell the real story, that’s my angle. My guess is won’t be anywhere near 100 tonnes Cu metal. To be honest most producers of copper sulphate produce 100 -250 tonnes per day not 100 tonnes in 3 months. Anyway as usual do your own investigations. We willknow in 3 weeks.
 
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