Treasury Metals Inc T.TML

6 times less average

[andre171]

According to the latest presentation, TML is trading at 0.13 NAV (for a peer average of 0.245, i.e. half) and at $9 per ounce in res. M&I for an average of 55.3 (more than 6 times less).

[abc123man]

The gold market for junior has been very challenging for awhile now. It is unfortunate to see the company doing finaincing at low rates but doens't seem like there is much opportunity otherwise. I think it was very smart to sell NSR for a capital gain of $20M to the Sprott insitution to bank roll their PFS and FS studies plus more. Now its time to see how long they can stretch that bank roll

[andre171]

But most of this 20M has already been used up. In fact, they have just carried out a capital increase of $4.15 million, which is highly dilutive. The latest presentation in January shows $8 million in cash (at September 30, 2023), i.e. 12.15M now less consumption since October 1. One wonders whether the timing was right to proceed with the latest capital increase when the share price was at its

[andre171]

If you want to value a mine on the basis of its reserves or resources, the question arises as to whether it's better to start from reserves or resources, and this can make a big difference. For TML, measured and indicated resources are 67,711 million tonnes, generating 2,188 million ounces of gold equivalent, while proven and probable reserves (based on the March 2023 PFS) are established on