TON - Triton Minerals

[condog]

Re: TON - Triton Gold

Miner the market probably wont react till results are released, and possibly even till they are JORC'd.

The intent of my message was to alert you and others to the fact extensive drilling is happening as planned. Results will be released soon.

Slamon Gums has the "potential" to be a 10 bagger. Not saying it will, but it has the potential. Its worth following proceedings.

 

[condog]

Re: TON - Triton Gold

How do you like that movement up 29% today on good news. People starting to see the value of a 6km strike of gold near surface.

 

[AussiePaul72]

Re: TON - Triton Gold

How do you like that movement up 29% today on good news. People starting to see the value of a 6km strike of gold near surface.

Yes Condog was up almost 30% on that news release and although the sp retreated today i think the next sets of deeper diamond & RC drilling results are the key ones that will start to identify the gold source.

Multiple target zones were identified from the recent drilling program with the largest of these measuring a very encouraging 6km strike as mentioned by Condog but the width is also encouraging of between 1-3km.

With diamond drilling already completed now and samples being prepared for lab analysis, it won't be too long before we start to get an idea of exactly what potential the Salmon Gums project might hold for TON

 

[Sean K]

Re: TON - Triton Gold

How do you like that movement up 29% today on good news. People starting to see the value of a 6km strike of gold near surface.

Yep, that good news was pretty solid. Did you buy more? Market loved it and the follow through showed that there's some pretty solid hands on this one.

 

[Atlas79]

Re: TON - Triton Gold

It seems very quiet on the TON front lately...

AussiePaul, Condog, are you guys still bullish on Triton?

 

[Sean K]

Re: TON - Triton Gold

What do you guys think of the remuneration report and options granted to directors? Fair?

Unusual that they haven't got results back from the drilling in March. Drilling program completed on 26 March and still not returns. Must be a backlog...

 

[AussiePaul72]

Re: TON - Triton Gold

It seems very quiet on the TON front lately...

AussiePaul, Condog, are you guys still bullish on Triton?

Hi Atlas ...... yes i'm still confident in TON ..... nothing has changed for me lately .... just quietly awaiting drill results to be reported which are due to start flowing from about end April which is fast approaching. All about exercising patience and waiting for the announcements to be released.

The initial 204 hole AC drilling program at Salmon Gums (almost 10,000m) highlighted 4 zones of anomalous gold beneath the Lady Penrhyn and Sirius gold in soil anomalies. The largest of the 4 identified zones extends over 6km in length and varies in width from 1-3km. In the same news release TON management state that "While Salmon Gums is still at an early stage, drilling is being advanced at a rapid pace reflecting the potential Triton believes it represents." (TON announcement on ASX 24 March).

The first 5 hole diamond drilling program at Salmon Gums was completed 23 March which intercepted sulphides. The company also confirmed that a 3000m RC drilling program followed directly on after the diamond drilling and will provide an initial test on each of the 4 zones identified (TON announcement on ASX 26 March).

I have also found it quite encouraging that Investor Relations (Powerone Capital Markets), Research (DJ Carmichael & Taylor Collision) and Drilling Services (Raglan Drilling & Drillwise) sourced by TON have accepted payments in the form of shares and options.

So I am still bullish on the potential of TON ...... I am holding both shares and options ...... however as with all exploration companies there is high risk so please DYOR and make your own informed decision

 

[condog]

Re: TON - Triton Gold

I still think it has tremendous upside potential.

But unfortunately ive sold most my stiock in most companies and gone big time into AUT. So far its been a fantastic move, up many tens of thousands since doing so.

I will be back in TON, just not yet. Im watching it very closely for drilling results. Which should flow soon.

 

[nunthewiser]

Re: TON - Triton Gold

But unfortunately ive sold most my stiock in most companies and gone big time into AUT. So far its been a fantastic move, up many tens of thousands since doing so.

Pumpem and Dumpem ya reckon?

Seems that most of the threads you post your extatic exhuberence and creative number crunching on have the same result.

Someone else here holding the bag.

Sincerely no offense intended just a tradeable trader pattern I noticed.

 

[Atlas79]

Re: TON - Triton Gold

I'm not holding the bag Got out once no early cash flow could be assured, as TON had claimed they may achieve. I figured cap raisings would not be far away.

 

[toocool]

Re: TON - Triton Gold

TON is now at 52 week lows.... still waiting on news from the march drill.

They have got to be out soon ? they have gone very quiet.

 

[So_Cynical]

Re: TON - Triton Gold

TON is now at 52 week lows.... still waiting on news from the march drill.

They have got to be out soon ? they have gone very quiet.

They only Listed in August so its more like a 38 week low...actually that would make it an all time (record) low.

 

[kgee]

Re: TON - Triton Gold

They only Listed in August so its more like a 38 week low...actually that would make it an all time (record) low.

In a sea of red I actually thought these guys were holding up pretty well. My favorite gold explorer got smashed this week

 

[AussiePaul72]

Re: TON - Triton Gold

In a sea of red I actually thought these guys were holding up pretty well. My favorite gold explorer got smashed this week

I agree kgee ...... the heads retreated a little but only on very low volume. The oppies i think have held up very well which is a good indication on long term market sentiment in TON.

 

[kgee]

Re: TON - Triton Gold

I agree kgee ...... the heads retreated a little but only on very low volume. The oppies i think have held up very well which is a good indication on long term market sentiment in TON.

Yeah Paul i don't hold but I've done a small in and out trade and theyv'e being on my watchlist ever since
I think it took another hit today, but on the whole it looks like they have a few faithful
Assays from recent drilling will be the kicker...good or bad
On the subject of oppies I'm thinking tails are always more resillent and I'm still working on a stategy to trade them
A stock I'm following tails got nearly 100% premium to heads vs strike price .
ie Tails sell 8.2c
Heads were at 10.5 c
strike price options 7c
sorry wrong thread but the I don't know if theres being studies on it but oppies seem to stand up better

 

[late_start]

Re: TON - Triton Gold

Seriously, what is the hold up for the report on Salmon Gum? Can someone shed me some light? Way way long overdue........................................

 

[AussiePaul72]

Re: TON - Triton Gold

Seriously, what is the hold up for the report on Salmon Gum? Can someone shed me some light? Way way long overdue........................................

Hi Late_start .... i contacted the company about a week ago. They are wanting to get the full set of results before reporting on Salmon Gums drilling. The waiting period for getting drill results back from labs has been getting longer as reported by a number of companies and this is affecting TON also.
Hopefully we might see something next week (thats just my opinion, not advice from TON). While i wish i could have bought at current prices i am personally comfortable that TON potentially has a lot of upside.

 

[King EU]

Re: TON - Triton Gold

Anybody got an update? There's been no news or movement for a while now. Are all holders just waiting to see what happens?

 

[AussiePaul72]

Re: TON - Triton Gold

Anybody got an update? There's been no news or movement for a while now. Are all holders just waiting to see what happens?

I'm just sitting and waiting ......nothing has changed for me in regard to fundamentals. I think some out there have got tired of waiting and taking a loss to get out. Sure we would love some news but i have complete faith in the management team that they will release drill results etc as soon as they have them.

 

[hdin015]

Re: TON - Triton Gold

The results are coming in as expected and are being compiled but it all takes time. In the meantime other shareholders get nervous and in June many people sell at a low price for taxation reasons.
Doray Minerals share price reacted to the release of excellent drill results. We are deep drilling Salmon Gums presently so if we get some good hits expect our share price to react because our gold system is much bigger than Doray
Alchemy has near-ology to the fabulous Degrussa Cu-Au deposit and they have just started drilling. We have a Tropicana look-a-like deposit but because we are 1000km away we do not get any upgrade for near-ology because we are not next door. Investors do not understand our targeting strategy.
So sit tight and the deep drilling results will tell the story