vantagewireHargreaves
Week in Mining 3 December 2011
https://www.vantagewire.ca/blasts/20111206tgx/3%20Dec%202011%20Week%20in%20Mining.pdf
True North Gems (TGX.V C
.10; Hi-Lo C
.18-0.09) lacks neither enthusiasm nor potential. The latter is a potentially very large deposit of two of the world’s most sought-after gems: ruby and pink sapphire. The climate in its host country is hostage, but it has assembled a formidable team with both world and local experience.
Once a mining licence is granted it plans a full-on mine-to-market approach to its production, which it hopes might start at the end of next year. Greenland is a massive, challenging land of few people but with ambitions to prosper via mining. Its searches for oil and gas have not proved a bonanza which should further encourage its appetite for True North