Pages

Sunday, November 05, 2006

TNR Gold: Junior Exploration company introduction.

Note: I own this stock at the moment of posting.

This is very risky, but pay off could be handsome: nobody likes it, nobody follows it. Do your DD, it is very small market cap, it is beaten to 0.2cad but has partners like TNK.to, NG.to, MAI.v.

Pure option on Gold with no time value. This one could go to zero or be above 1.0CAD only money which could be lost allowed for such high risk.

Upside potential:
1. TNK.to Operator on Argentinean properties, Lukas Lundin's Tenke Mining President Paul K. Conibear on the Board.
2. Optioned property from Nova Gold Shotgun: with Winchester prospects - latest drilling results in press release below. Vice President of NG.to in the board. They left Rock Creek property in order to work on Shotgun. NG.to is putting Rock Creek into production in 2007. (This could be allocated to stupid decision as well of that management).
3. Los Azules Property optioned to Xtrata and from Xtrata to Minera Andes MAI.v extensive drilling and Cu finding there. Former GG chairman bought 30% of MAI.v just because of that property MAI.v adjued to TNR's one. Biggest Cu grade is on TNR's property there.
4. Very small cap, unbelievable valuation with such properties and partners, illiquid, nobody knows: with real development will sky rocket over 1.0CAD.
5. Shares are very tightly held: main shareholders: TNK.to, RAB, NG.to, management.
Risks:
1. Nothing of the above has moved the stock so far.
2. Management was sleeping completely, but has waken up recently.
3. Information flow and PR management could be way better.
4. Very slow moving environment.

Things to watch: drilling results from all properties, TNK.to warrants excises at CAD0.25.
This one you have to really dig out, I will post some more info.

http://www.tnrgoldcorp.com/news/tnrnr110106.pdf

http://www.tnrgoldcorp.com/

No comments:

Post a Comment