Bullboard - Stock Discussion Forum Transition Metals Corp V.XTM

Alternate Symbol(s): TNTMF

Transition Metals Corp. is a multi-commodity company. The Company is engaged in the acquisition and exploration of mineral exploration properties in Canada and the United States. Its projects include Pike Warden, Saturday Night, Maude Lake Property, Wollaston Copper, Jolly Gold, Duntara Copper Property, Highland Gold, Gowganda Gold, Cryderman Gold, Bancroft, Aylmer IOCG, Lewisporte Property and... see more

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Transition Metals Corp > Highland?

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Post by diabase1 on Aug 29, 2020 6:34pm

Highland?

Why isn't XTM working on their Highland gold project in Cape Breton Island in Nova Scotia? Gheezz!! With the price of gold going higher, this is an excellent chance for them to take advantage of an excellent property. Get a partner if you don't have any money.

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Comment by urmoneyfasttalk on Aug 30, 2020 12:26pm

What is the value of this property? How much Gold would a partner expect to achieve from this for how long, we sure paid our fair share into this project. My assumption would be high 300 Millions, but that would depend on many factors. Summertime expeditions only winters are way to harsh there so are high winds. How deep they would have to go and how long of an expedition or undertaken ...more

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Comment by diabase1 on Aug 30, 2020 12:50pm

Right now the property is worth $0, but boy do they have some decent surface gold grades. The area is large, so it could be open pit. As far as the weather goes, that's not a problem. There are gold producers nearby, which weathered any winter storms. There are also gold producers in Nfld, where the weather isn't the greatest. Summer is getting close to ending, and no work. At least I' ...more

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Transition Metals Corp