TGM 5.88% 16.0¢ theta gold mines limited

Theta Gold Mines - Breakout, page-4

  1. 843 Posts.
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    Cardinal takeover i think helped TGM. We will be the largest resourced junior on the ASX, Theta and Cardinal have a similar sized resource, but 10% of the Capex that Cardinal has. A $350m takeover for Cardinal, Theta is only worth $100m.

    I think some are doing the math.

    Should be a nice week.

    On top of all that is all the talk of $2,000 USD Gold, it will only make such a big resource more valuation.
 
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