Yah in Cape Town having a scotch. will miss the golf tommorrow morn but should prove interesting week at the mining Indaba, and hopefully a week that will be a defining one for Tiger.
Volume is strongly up. Someone selling into strong buys - Mac bank trying hard methingks to keep it below 45 to stop dilution. Plenty of games being played (ala Storm / no where man)in the past but facts are facts and when the market sees whats in the ground, you cant keep this thing capped.
dont forget there are a lot of connected players in the company and the Congo holding the options. Dont underestimate their resolve to see them in the money.
For the longer term holder- Tiger is going down exactly the same path as First Quantum and Anvil if you want to reference Aust mining outfit starting ops in the DRC. Their shareprices a quite spectacular for intial non capital intensive operations. Why so ? The spectacular grades at shallow depth make the production of concentrate so lucrative.
someone mentions becomig a partner with Chinese for 'protection'. Mehthinks not. Chinese are traders not miners. They will try thier hand at mining...but if someone is a good source of concentrate then that operation in itself is 'protected'.
Good luck to holders.
cheers
TGS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
