TCM 0.00% 0.3¢ tiaro coal limited

sp flat lining and no volume, page-2

  1. 832 Posts.
    Its very frustrating,

    I bought in just before the SPP at 41c and have promptly seen the SP half, I'd imagine the recent rains couldn't have helped the drilling.

    That being said the reasons I invested still ring true,

    Low MC
    Very Tight Registry
    Qinfa onboard
    Neigbouring tenements
    Director and Chief Geo Rado Jacob Rebek taking up a $400,000 stake in the company at 40c (in May 2010)

    The drilling progress has been disappointing (not nearly though as my entry price although i've since averaged down)
    However if they can prove up a good resource and the market conditions are still strong this could fly.

    Potential multi-bagger at these levels imo
 
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