TIE - Tietto Minerals

[Sean K]

Yae, I agree.
As K Rudd would say, Better to take some profit than get rat f??§£¥ed by the Chinese.
Mick

Hit 69c, MC over $730m now so looking toppy to me. I suppose if there's 2-3 different Chinese interests trying to get in it could keep going a bit. Against the tide, this has been the only light in a sea of red for my goldies. Thank you Mr Wang.

 

[Sean K]

The next MRE and LOM update has been delayed till 'early' next year. Disappointing, I thought that was going to be an opportunity for a re-rating. Still, can't complain with the price rise over the past month. Been quite extraordinary considering POGs poor performance.

Only two months till 'first gold' which I think means they'll do all they can to pour something yellow into a cup just prior to New Years.

 

[Sean K]

TIE's progression has been an interesting study in the lifecycle of a junior resource company from discovery to production. It seems to have tracked the Lassonde Curve pretty well with a few hiccups. Not sure exactly what happens after operating mine phase, probably just runs on it's own performance and with the general markets.

 

[Sean K]

Yae, I agree.
As K Rudd would say, Better to take some profit than get rat f??§£¥ed by the Chinese.
Mick

Well, I'm now completely out of this for the minute. I suspect there's something fishy going on, or just speculation of a takeover, which might push it higher, but based on my very rudimentary FA and appreciation of rapid gains this is looking toppy to me now. My first decent realised return for 2022.

 

[Sean K]

Some excellent infill hits there. 400 ggms is outstanding. This should have another good day today after US markets. MC closing in on $900m. It's had a very good couple of months.

 

[qldfrog]

Some excellent infill hits there. 400 ggms is outstanding. This should have another good day today after US markets. MC closing in on $900m. It's had a very good couple of months.

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Well did not one of my big loser Friday playing the contrarian mood...

 

[farmerge]

Anyone intersted in TIE. I have been looking at this mob for a little while, and that very wise sage, the bloke in the mirror, and my mate in Qld reckon this could be a good little earner. I do have a buy in, not mega bucks, but if successful will be toe testing to see if it is a good day trader.

 

[qldfrog]

Anyone intersted in TIE. I have been looking at this mob for a little while, and that very wise sage, the bloke in the mirror, and my mate in Qld reckon this could be a good little earner. I do have a buy in, not mega bucks, but if successful will be toe testing to see if it is a good day trader.

One of the current system play here with huge changes...not sure

 

[Sean K]

Anyone intersted in TIE. I have been looking at this mob for a little while, and that very wise sage, the bloke in the mirror, and my mate in Qld reckon this could be a good little earner. I do have a buy in, not mega bucks, but if successful will be toe testing to see if it is a good day trader.

I've obviously been very interested in this for the past year or so but I think it's at the top of the Lassonde Curve now and I'm more interested in finding things that are at earlier stages of the curve.

 

[farmerge]

I've obviously been very interested in this for the past year or so but I think it's at the top of the Lassonde Curve now and I'm more interested in finding things that are at earlier stages of the curve.

Morning Sean K TIE is an interesting one as its spikes are not huge but give a good wallet filler if on the ball, which I haven't been unfortunately

 

[farmerge]

In regard to TIE I think I will have muster strength and go outside on this wintery day and administer a decent kick to oneself. Would have been a handy pick-up if I had bought into this stock earlier today

 

[Sean K]

In regard to TIE I think I will have muster strength and go outside on this wintery day and administer a decent kick to oneself. Would have been a handy pick-up if I had bought into this stock earlier today

The time to get this was when the market cap was down around the $300-400m mark when it was clearly undervalued for a developer. A few people didn't like the resource because it's a bit inconsistent but they just kept drilling and pulling up really high grade intersections in the main zone. There were doubts about their ability to build a mine in one year too. I'll still be surprised if they pour first gold this year. With the market cap hitting the $800m+ mark and approaching the top of that model Lassonde Curve, that was time for me to bail.

 

[farmerge]

Sean K I don't normally hold any stock for more than 2 days. Day trading is what I do, so if there is a lift of 2-3 cents and of course depending on the volume of shares i have purchased then the loading of the wheelbarrow can be worthwhile. I do occassionally use "M's" annology from the old redundant site, that being a decent wallet filler also.

 

[pabloran]

so here we are.....and looking like going further ahead....outstanding company ticking all the right boxes

 

[pabloran]

looking toppy eh.....yeah yeah yeah

 

[pabloran]

first gold bar poured

 

[Sean K]

looking toppy eh.....yeah yeah yeah

You nailed it on 8 Jan. Nice one.

 

[Sean K]

Things seem to be going OK for Tietto's ramp up to full production profile. They still claim 260Koz (according to the DFS) in the first year in the ann, but highlight the 200Kpa average in the highlights page. Suspect they're leaving a little wriggle room in case they don't make the full 260k.

Wilcox promoted and Strizek steps down. I was hoping Wilcox might have been available to move to Mali and build PDIs mine but it looks like he's going up much higher in the pecking order due to his success at WAF and now here.

Has finally bounced off the correction from being overbought and under potential M&A rumours. MC back to $600m which might be about right until they prove they can extract the ounces as per the plan.

Upside could be a surprise in the MRE and LOM plan this half.

 

[Sean K]

Getting slightly more re-interested in TIE at these levels just above some general support and MC correction while things still seem to be going to plan. I do think LOM upgrade and dproduction could surprise the market, especially if they introduce another plant.

 

[pabloran]

starting to move now