TTR - Tectonic Resources

[robot]

Have been told there will be a series of announcements shortly. I am assuming this is to update TTR investors on Phillips River (targeted drilling to commence), RAV8 Nickel mining and Mincor exploration drilling updates, Metallurgy studies regarding Trilogy polymetalic processing, further Trilogy geological work and last but not least sale of Burnakura.

Obviously movement in the market over last few days indicates good news is coming - expecting this series of announcements will result in a reassessment of TTR valuation - Burnakura sale alone could be worth up to 3 cents per share of additional capital. Successful outcome from metallurgy studies which adds immediate value to Trilogy deposits up to 40 cents a share (yes 40cents a share based on about 10% of insitu value of deposit excluding gold and silver). If Mincor successful with RAV8 exploration TTR retain a 20% interest so how much might this be worth??

So a lot of potential upside for TTR over next few weeks/months I think - target price for me is 35 cents. TTR had reached this share price level several years ago when Phillips River was seen as the Company Making project. It was prior to the Burnakura distraction and delays in Phillips River Funding.

 

[benwex]

Have been told there will be a series of announcements shortly. I am assuming this is to update TTR investors on Phillips River (targeted drilling to commence), RAV8 Nickel mining and Mincor exploration drilling updates, Metallurgy studies regarding Trilogy polymetalic processing, further Trilogy geological work and last but not least sale of Burnakura.

Obviously movement in the market over last few days indicates good news is coming - expecting this series of announcements will result in a reassessment of TTR valuation - Burnakura sale alone could be worth up to 3 cents per share of additional capital. Successful outcome from metallurgy studies which adds immediate value to Trilogy deposits up to 40 cents a share (yes 40cents a share based on about 10% of insitu value of deposit excluding gold and silver). If Mincor successful with RAV8 exploration TTR retain a 20% interest so how much might this be worth??

So a lot of potential upside for TTR over next few weeks/months I think - target price for me is 35 cents. TTR had reached this share price level several years ago when Phillips River was seen as the Company Making project. It was prior to the Burnakura distraction and delays in Phillips River Funding.

HI Robot,

Are you still sticking to your price target of 35cents? Have you been in contact with the company recently? any announcements on drilling results??

regards,
Benwex

 

[robot]

Given the events of the last few weeks I guess 35 cents is now a bit optomistic. TTR desperately needs some good news to lift its sagging share price which is now amazingly well below NTA. When was the last time a junior miner had that stat.

Essentially balance sheet is solid with no debt, reasonable cash but needs Burnakura sale proceeds and good drilling results to secure the future prospects.

Have not been in contact with the company for a month.

20 cents is my new target price over the next 6 months.

 

[exgeo]

I listened to a webcast with the MD the other day and dunno if perhaps the guy is just a negative sort of person, but reading between the lines, he didn't sound at all upbeat.

 

[kingkev]

All quiet here for a while

Community engagement was somewhat promising however not everyone sped off to place buy orders. Sp still a bit low with good potential

any thoughts