TUC tuc resources limited

Eyes down - recent drill results pendingdxTUC Resources is a...

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    Eyes down - recent drill results pending

    dx


    TUC Resources is a high risk speculative buy ..

    Peter Strachan in StockAnalysis dated August 17 announced TUC Resources has flagged its intention to

    spend about $1.25 million of its $6 million cash in the September quarter, drilling on its Quantum and

    Energy rare earth projects in the Northern Territory. Drilling at this pace is set to continue through until

    December, producing a string of potentially interesting results.

    Peter says, "TUC is in a similar position to that of Gold Road (formerly Eleckra) when StockAnalysis

    recommended it at around 7 cents prior to testing its gold projects along the Yamarna Greenstone Belt.

    Gold Road subsequently rose to trade at over 80c".

    TUC down 1.5c to 18c.
 
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