GREY:TWNNF - Post by User
Post by
joeking09on Jul 19, 2011 7:44pm
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Post# 18849501
N. Miner letter
N. Miner letterby a Director of RR who has self-serving interests and has never been to the site to review the data!!! Created a lot of talk and debate concerning the viability of cote lake, putting the share price under pressure. As that seed of doubt, caused investors to lock-in profits. Horvat (SPROTT) who likes and owns TRR in multiple funds. Likens it to Detour, a multiple stacked, high grade type of vein system that hangs together. It's a development story and as to how big it will eventually be, what the mining dilution will be, these questions will be answered over time. Independent analysts estimate 8-10mil.ozs.What are STU's comments on Hole #48 248m 1.18g/t, #49 275m 1.26g/t, #53 324m 1.65g/t.....Detour 11.5mil.ozs. grade1.02g/t, cash cost $450 market cap $2.5 BILLION, another company we've been compared to Osisko $5.2 BILLION market cap, that's pretty good company to be compared to.