Questions for the EGM, page-5

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Zaffa

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29/07/22

23:48

Post #: 62823927
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Originally posted by Bloomburger: ↑

Zaffa,

Please see attached, the three mines that TBA are buying are 1.Kangaroo Rat (name changed by Round Oak to Wallace) 2.Victory Flagship and 3.Wallace South. Cu grades up to 3% Cu (30,000g/t) Wallace: 1.6g/t AuWallace South 1.29% Cu (12,290g/t Cu and 0.60g/t Au.Victory/Flagship 1.20%Cu ( 12,000g/t Cu) The three tenements TBA are buying have average grade of 1.60%Cu (16,000g/t Cu and 0.40g/t Au. ( 0.40g/t and is worth $US36 tonne in the ground. Will cost double that to mine and process it but TBA does not have a plant to go process Copper and Gold Oxides. So less than half a gram per ton Gold and 16,000g/t Copper, so there is approx 38,000 times more Copper in the 3 mines TBA are buying.

Worthless as a Gold mine because cannot be processed using cyanide. EXCO the Company who drilled these 3 pups is owned by Round Oak Minerals, they abandoned them couple years back, so hopefully you know now why TBA are not giving shareholders any info on these worthless properties. They cannot give you a possible value because they have no value as a gold mine, see the drilling results and Government records below.

Anyway as always dyor everything is publicly available if you know where to look.

Cheers Burgers!

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Thanks Burgers for that info. I have a huge knot in my gut after reading your post and will definitely spend the weekend doing more research, but this planned purchase doesn’t bide well with me. It hasn’t all week but I’ve been too involved with my own work to have time to think things through more clearly until today.
I hope other investors here will share their thoughts and anything further they may know as this coming EGM is very important.

Last edited by Zaffa: 29/07/22

TBA Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
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Questions for the EGM, page-5

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