you have hit the nail on the head there with your posts... Co grades are considered to be "too good to be true" from a few people I have talked to about TAR... they say it could be a P&D of the highest level...
well, there will be naysayers everywhere... I believe in entering at these rates and I have been buying my small quantities ... this is the risk I am willing to take... some will prefer an absolute JORC'd resource before entering - but they will not be getting TAR @ 20c at that time... the 20c we are paying is too low as there is this inherent risk of an unknown % of Co... I cannot wait for the ACTUAL lab results now... still low volumes here on the 15% increase in sp yesterday... tells me that supply pressure is probably off for it go higher without trying too much...pip traders/non-believers/safety seekers out probably... long termers set for now...
1-1.5% Co grades over some decent width/depth will set this on fire... higer grades will make this go ballistic...
I hold as I believe in a fairy tale ending
TAR Price at posting:
23.0¢ Sentiment: Buy Disclosure: Held
(20min delay)