Major Emerging Gold Producer in Central B.C.

LOM average 217,000oz/yr Au , 88 million lbs/yr Cu for 15 years on Flagship property (CAPEX payback 2.9 yrs. at $900/oz Au,$2.50Cu)

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Message: Re: Official NR

Jul 15, 2010 04:47PM

Jul 16, 2010 09:56AM

Jul 16, 2010 10:09AM

Jul 16, 2010 10:15AM

Jul 16, 2010 10:18AM

I've held TRX for a couple of years and sold this morning. I did so based on the BELIEF that TCM/TRX combo will languish with the economy due to their major production being moly and Milligan won't be producing gold till at least 2013.

However, I'm watching TCM and the economy - TCM seems well run (TRX certainly was) and when the demand for steel returns, TCM should be a winner, especially if that happens simultaneously with gold being shipped from Milligan.

Meantime, the proceeds go straight into another gold or silver near-producer since I BELIEVE we haven't seen the best days of that sector yet.

Above is opinion ONLY.


Jul 16, 2010 11:01AM

Jul 18, 2010 07:50PM
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