TGM 5.71% 18.5¢ theta gold mines limited

Tend to agree @ThePig, as often these companies have a vested...

  1. 5,355 Posts.
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    Tend to agree @ThePig, as often these companies have a vested interest- i.e., someone may have been accumulating lower and happy to give the sp a 'charge' to skim some profits off the top when the sp starts to rise.

    Little worried at the moment with the 'slowness' of the company going forward- it has in the past been known to be top heavy with management, and its been really advertising what great potential its had- now if it was a producer in current market as it seemed to promise not that long ago- then it would be ideal- gold price, returns, low production price, but it has really been selling itself on HC and Twitter and I still note very top heavy in management and not quite kicking the goals it promised going forward. Happy to see how it goes/plays out, but already been needing extra cash and adding to share issue and production doesn't seem as 'imminent' as it was suggesting 12/18 months ago.
 
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