TWR Financials - No Money To DrillSince Goldminer999 wants to bring people to this thread, lets dissect their most recent financials:
Cash: $121K, total assets $4.8 million total debt/liabilities: $66k, Common shares: 106 million.
Not the worst company, but what kind of drilling are you going to do with that little bit of cash? A basic program costs around $250k for 1000m and the company still didn't release the results from last year's program, bad signal.
Bottom line, when someone pumps a stock across Stockhouse, it's usually because there's no momentum and someone is stuck, trying to find suckers to buy their shares.
You want a chance of making money on this gold run, buy a producer or at least a company with a proven resource. Drilling/spec stuff still is high risk.