Tarachi Gold Corp C.TRG

Royalty arena continues to consolidate...

[Magnum2]

sooner or later one of them continues to add new assets, the cash is there it is just harder to squeeze out when interest rates continue higher....waiting on the turn and the USD$ to tank and it will, buckle up, I continue to add here to my position, this is a no-brainer, the tailings and mill are in place...this will be multiples of todays 7cts;)))

Building here, then take profits to a flow-thru for tax benefits!

[Puma1back]

It is just such a hard time to raise risk capital but they were caught by the delays on the study. I would think that a double from here is reasonable  

[Puma1back]

oops - meant to say a multiple as well

[Puma1back]

Well, as the July quarter was also year end i expect we should get results near month end as per prior years. the last estimate of capital costs that i can find is $11 million. I assume they will get hit with revisions upwards which hits npv etc so the re - rating they had thought would happen after the study findings may be a little longer in arriving?

[Puma1back]

so with borrowing costs up and increased capital costs i am thinking a peak of 10 cents to 15 cents assuming they do get financing they can accept - hopefully a small revenue stream sale,given this is just a processing play, could help shore upnthe equity portion of financings. as well, any $ likely conditional on year end Audited statements so December news?