Tinka Resources Ltd V.TK

Alternate Symbol(s): TKRFF

Metals & Mining Industrial Metals & Minerals

Tinka Resources Limited is a Canada-based exploration and development company. The Company is engaged in the acquisition and exploration of mineral properties located in Peru. The Company’s flagship property is Ayawilca Zinc-Silver-tin project, located 200 kilometers (km) northeast of Lima, in the Pasco region of central Peru. The Ayawilca Zinc-Silver project is located 40 km northwest of the Cerro de Pasco mine (copper-zinc-lead-silver), and 100 km south of the giant Antamina mine (copper-zinc). Its Silvia Project consists of 16 granted concessions for 10,906 hectares, located in the Department of Huanuco in central Peru. The project lies approximately 80 km south and along strike of Antamina. The Company has also granted with two mining concessions totaling 1,200 hectares, namely Pampahuasi Property. The Colquipucro silver Zone is located 1.5 km north of the Ayawilca Zinc Zone.

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Tinka Resources Ltd

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Post by Jasper16on Feb 12, 2011 1:49am

342 Views

Post# 18121634

? for the board

This is my first take a Tinka and I'm very interested but confused at the same time. Where I'm stuck is the business model goals. What are they? They have 20 mill 43-101 from 2008 but no movement yet in regards to a mine. Is the plan to get PAAS to buy them out. Then again production is the issue not oz in most situations and miners need production and now. As an example FR has 100 mil oz but maxed out production. Adding oz is of little good. Tinka also has almost no cash left as I see so dilution coming for sure.

Let me be clear I'm not bashing if it seems that way just trying to think it all through,,,,with your help.

Sell me guys, sell me

What am I missing.

Thx u Jasper

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