Once again holding well today above 7c on a significant down day...

Once again holding well today above 7c on a significant down day generally so it seems the sellers wanting to quit or take a quick profit have dried up at this level. The fact that volume was much smaller today with still plenty of buyers offering in the 6 to 7 cent range says it all. The chart must be looking pretty good at the current support level.

There is now real support out there since the initial price hike (to 9c) for TTR. Over the last 2 weeks gold and base metals prices have only held their own or even come back a little.

Hardman - 50 cents gives a market cap of about $115m - maybe realistic once it gets a little more certainty for funding and nearer to production (in a continuing strong metals market demand cycle). So 50c is probably 18 months away. It will only get to 50 cents earlier if TTR has further strong drilling results that extend the JORC confidence levels to build up bankable reserves and/or we see gold spiking towards A$2000. This is all not beyond the realm of possibility.