TSX:TCH - Post Discussion
Post by
Hedgehog100 on Oct 16, 2013 11:12am
Potential Near-Term Catalysts for a Touchstone Gold Rerating
There are two potential near-term catalysts for a TCH rerating upwards from 3 cents:
1. From TCH's recent update announcement: "possible transactions that might be accretive in value for all shareholders" and "two such initiatives can be accurately be described as being in "advanced discussion" stage."
Interim Update 20/09/2013
https://www.touchstonegold.com/s/NewsReleases.asp?DateRange=2013/01/01...2013/12/31
2. From the profile of Touchstone which was in the late March 2013 issue of Mining Resources Quarterly:
"Upon completion of all drilling planned for the year, Touchstone will initiate a maiden NI 43-101 compliant resource estimate on the Segovia Gold Project and release the report by the end of the year."
HTTP://www.mrqonline.co.uk/company-profile/TGL/Touchstone-Gold-Limited
Initiation of a maiden resource estimate can and should be a major confirmation of value, with a communserate stock price advance.
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