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Tintina Mines Ltd V.TTS

Alternate Symbol(s):  TNNTF

Tintina Mines Limited is a junior mining company. The Company focuses on the acquisition, exploration and development of base and precious metals properties in Canada and Chile. Its principal assets include the Red Mountain molybdenum deposits located in the Whitehorse Mining District in Yukon and the Watson Lake project in the southeastern of the Yukon Territory. The Watson Lake Project is located in the southeastern of the Yukon Territory, approximately 225 kilometers east of Whitehorse and 180 kilometers northwest of Watson Lake. Watson Lake Project comprises 11 claims, which form a contiguous block of approximately 228 hectares. It also holds approximately 22,819 hectares across five different properties in Chile, with the flagship property being the Domeyko Sulfuros project in Northern Chile. It also holds interest in Wark Township, which consists of 159 acres (approximately 64 hectares) of patented mineral rights located in Wark Township, northeastern Ontario.


TSXV:TTS - Post by User

Bullboard Posts
Comment by silverbugme1on Dec 07, 2012 11:42am
89 Views
Post# 20698771

About 10 MM invested

About 10 MM invested

Mr Rassmuss has injected nearly 10MM in Tintina during the last years including about 5MM just to have the road rehabilited to gain access to the Red Mountain property in 2011. Just to get back his capital he should sell his holding of 20MM shares at a minimum of 0.50. If we add the interests he did not collect during those years,  I think a price of about 0.75 for TTS should be fair for him.  But the sad reality is that nobody knows this stock.  BTW the market is moribund now for everything in the market. TTS will finish 2012 at about the same price as in 2011. Let's hope 2013 will be a banner year for TTS. I don't know a lot of stocks and I mean here little penny stocks that receive so much money during the last few years. It is one thing to put some hundreds of thousand of dollars in a company and something else to have about 10MM invested by its president just wiht his hard cash.  I think the stock will skyrocket in a near future and we shareholders will be rewarded for our patience. 

       SB 

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