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TNR Gold Corp V.TNR

Alternate Symbol(s):  TRRXF

TNR Gold Corp. is a Canada-based green energy metals royalty and gold company. The Company is engaged in the business of acquiring and owning royalties. It is also engaged in the business of acquiring and exploring its mineral properties located in the United States. Its projects include the Shotgun Gold Project, the Los Azules Copper-Gold Project, and Mariana Lithium Project. The Shotgun Gold Project is an advanced-stage exploration prospect in southwestern Alaska. The Shotgun Gold Project is located in southwestern Alaska approximately 150 kilometers (km) north of Dillingham and 190 km south of the Donlin Gold Project. The Los Azules Copper-Gold Project is located in San Juan, Argentina. The Mariana Lithium Project is located in Argentina. At its core, it provides a scope of exposure to gold, copper, silver and lithium through its holdings in Alaska and royalty holdings in Argentina. Its subsidiaries include 0828073 BC Ltd., Ameri Gold Corp., Bristol Exploration Co. Inc., and others.


TSXV:TNR - Post by User

Bullboard Posts
Comment by robey743on Jan 11, 2013 4:05pm
146 Views
Post# 20827955

RE: RE: RE: RE: RE: RE: No patience, no reward,,,

RE: RE: RE: RE: RE: RE: No patience, no reward,,,

Zooloo,

Here is how I see it.

Some prospective investors are not willing to invest now and wait for gains. However, due to gains being 'almost' a sure thing, they are willing to invest a little to keep the share price at current levels. By doing this they can have their money working for them elsewhere.

What are the big gains?

MUX has gone on record, stating they wish to sell Los Azules and they have also stated that prospective buyers will be inspecting Los Azules this month.

TNR now owns 25% of the 'North Half' of project. The north half of the project holds approximately 62% of the resource. MUX has released a value estimate of Los Azules, said value is currently $535,000,000 - Value expected to grow once current drilling results are known.

THE NUMBERS

62% of $535,000,000 = $331,700,000 --- 25% (TNR share) of $331,700,000 = $82,925,000

TNR current 'Market Cap' = $11,900,000

Add $82,925,000 to TNR current 'Market Cap' --- The sudden gain in Company's worth is evident. TNR share price will explode... That is what has caught the attention of outside interests.

Plus,,, TNR holds/owns 1,000,000 shares of MUX (part of lawsuit settlement)  MUX share price will also benefit from sale of Los Azules. MUX share price could easily gain $1.00 a share. $1.00 share gain for MUX would put share price at about $5.00. That means TNR shares would be worth $5,000,000 - This can be applied to their requirement to claim 25% of 'North Half' of Los Azules.

JMT

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