TTR 0.00% 40.0¢ tectonic resources nl

takeover by mincor, page-2

  1. 2,463 Posts.
    lightbulb Created with Sketch. 168
    Jimjim1 had not given it a thought but isn't it b obvious. Have you heared any whispers? TTR is incredibly vunerable to T/O at the moment given its low market cap.

    Mincor are definitely looking to expand. They may want to complete some drilling around RAV8 (a sort of due dilligence) before they act. I would not expect drilling results would be made public before they made their move either.

    All small cap miners with any substance are targets of other cashed up mining companies. It can be much cheaper to takeover resources rather than greenfields exploration.

    We will soon see if it is in the wind by watching the share price and volumes. Maybe it is why Pegmont (Mining Investors) have taken a position in TTR.
 
watchlist Created with Sketch. Add TTR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.