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Trailbreaker Resources Ltd V.TBK

Alternate Symbol(s):  APRAF

Trailbreaker Resources Ltd. is a mineral exploration company. The Company holds eight mineral properties in British Columbia (BC) and two properties in Yukon Territory. The Atsutla Gold project consists of over 36 mineral tenures covering over 40,000 hectares (ha) of underexplored, highly prospective ground in northwestern BC. The Skelly property covers over 2,525.59 ha (two claims) and is located just south of the British Columbia-Yukon border, approximately 100 kilometers (km) southwest of Whitehorse, Yukon Territory. The McMurdo property covers over 1727.62 ha (one claim) and is situated in southeastern BC within the Spillimacheen Mountain Range, 30 km southwest of Golden, BC. The Eakin Creek property is located 100 km north of Kamloops, BC and covers 1,610 ha of prospective ground that drains into placer gold-bearing Eakin Creek. Its Connector Gold property is located approximately 40 km west of Kelowna and 55 km southeast of Merritt in south-central BC and covers over 1,894 ha.


TSXV:TBK - Post by User

Bullboard Posts
Post by thompsonljon Aug 15, 2016 3:34pm
159 Views
Post# 25143340

The thing

The thing
is this is an exploration co. and that can't be said enough . All producing mines would have started out in the exploration stage whether they were the exploring co. or not . The thing is as an exploration co. you need to be well funded to get through all the developing stages ie. getting licences , firming up your resource through all the collection stages , drilling , sifting , bulk samling , etc. . Of course all this costs money which you don't have , you need funding. Which makes it a catch 22 situation , to get money you need to find gold and lots of it , hence the neccessity to grade oz. per ton . Oz per ton gets the attention of the producers or other interested parties which could include other exploration co. they,ll look a lot closer at your co. and depending on your grades , come knocking at your door . We'll never know when this occurs as the big money will insist on a quiet course of action as to not drive the sp high . With this going on in the background insider trading on this info is forbiden , not to say it doesn't happen . This co. has a lot of land with gold sprinkled eveywhere , it's being watched but the big players will wait for better confirmation from the drill programme . Also take note that the market value is up near 4 times from 2 yrs ago . The thing is institutions buy the warrants that fund the exploration a bit while increasing the outstandings and there is not much of a gamlbe there , is there ? Retail doesn't see too much of that
Bullboard Posts