My two best picks for 2012 Price target for TRR in the next three months: $ 4.50 - $ 5.00
Catalyst: They release approx. 30 more holes this month
They will release revised resource in the 2nd week of Feb. Likely will show 7.5 - 8.1 million oz.
TSX listing in the next 3 months
Likely Takeout price from Mid Tier producer: $ 6.50 - $ 7.00
Watch NES closely in the first half of this year.
Catalyst: They will release resource estimate in April
Estimates range between 4 - 5 million ounces with 3 g/t open pit resource in Mexico.