TNR Gold Corp V.TNR

Alternate Symbol(s): TRRXF

Metals & Mining Gold

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

TNR Gold Corp

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Post by robey743on May 19, 2013 1:11pm

201 Views

Post# 21418804

Opportunity knocks

Investors have what appears to be a golden opportunity to secure, (or increase) a position in TNR prior to a very likely sale of MUX, Los Azules Project. Below find news releases supporting this investor’s opinion:

1) This season's exploration effort focused on expanding the resource base. A total of 15,800 meters of drilling was completed which produced a 17% increase in contained copper in the Indicated Resource category, to 5.4 billion lbs of copper and a 32% increase in contained copper in the Inferred Resource category, to 14.3 billion lbs of copper, since the June 2012 estimate of mineral resources.

https://finance.yahoo.com/news/mcewen-minings-los-azules-copper-121500055.html

2) MUX has been exploring options to finance construction of El Gallo 2. The preferred alternative is a sale of Los Azules. The sales process began mid-January and final bids are due late Q2. The Company has investigated other alternatives should the sale Los Azules not proceed. This includes debt, equity and equipment leasing. An update will be provided in Q2.

https://finance.yahoo.com/news/mcewen-mining-provides-q1-2013-113000525.html

3) McEwen Mining Inc. (MUX)(MUX.TO) is pleased to announce that the Company will be expanding the El Gallo 1 Mine in Sinaloa, Mexico. The Company expects this expansion will significantly increase gold production for a small amount of capital.

Limited Capital Required: Initial capital cost estimated at approximately $5 million. No need for debt or equity financing. Growth to be financed internally.

https://finance.yahoo.com/news/mcewen-mining-announces-plans-expand-120736148.html

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#3) above serves notices to prospective buyers that MUX will be expecting ‘fair market value’ bids for Los Azules.

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4) Between May 13, 2013 and May 17, 2013, Alexander Listov has purchased an additional 500,000 shares – This in addition to his earlier, recent purchases.

https://canadianinsider.com/node/7?menu_tickersearch=TNR+Gold+Corp.+%7C+TNR

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