Hi Coopers I know how you feel. I have also been a very long-term holder of TLM. It definitely is disappointing it's taken this long for them to progress. Looking at a chart we have not moved even when market conditions are good the price is very stagnant. Was hoping the drilling at the Bonzer VTEM Anomaly which TLM seemed to be positive there would be some kind of mineralization might not be as good as they thought. Can only hope they hit something soon as they have spent a lot of money and time honing in on all these targets for this drilling campaign in NSW. Although they have a great income stream from their Wonmunna Iron Ore Project which helps the company tremendously it does nothing for the share price as no speculator seems interested in TLM and their royalty. We need to hit pay dirt that is for sure.
The main reason I'm sticking with them is that Kerry Harmanis is Chairman and I'm sure Kerry would be pushing them for success he must also be confident that NSW will produce the goods. He did mention “I'll be staggered if we don't find something, or two, this year. Dropped to 13.5 cents today really disappointing but have fingers toes crossed that Russell Gregory (Exploration manager) and the team hit something anything soon.
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TLM Price at posting:
13.5¢ Sentiment: Buy Disclosure: Held
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