Welcome To The Tanzanian Royalty Exploration HUB On AGORACOM

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Message: Re: facts
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Nov 20, 2011 06:57PM
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Nov 21, 2011 12:36PM

Nov 21, 2011 12:47PM

That they are. Now the fascinating part about investing is interpreting the information.

What do you think this quote means in terms of valuation?

“The drill program has served to verify the significance of the results obtained by previous operators including IAMGOLD which were not in the public domain but were discovered during our Buckreef data review process.”

To me it means no new information. Since the information was disclosed to all bidders, the price paid for Buckreef reflected that data.

What do you make of fact that as a whole the assays for the TNX drilling are significantly less than the results from IAM and Ashanti? The best result is a 2 meter wide strike at 110 meters. Guess that is easy to mine surface ruble. Sarcasm intended. Do the results significantly expand the resources base? I'll answer that for you. Probably not. Remember this was described as in fill drilling.


Nov 22, 2011 10:09AM
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