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Tajiri Resources Corp V.TAJ

Alternate Symbol(s):  TAJIF

Tajiri Resources Corp. is a junior gold exploration and development company with exploration assets located in the greenstone belts of Burkina Faso, West Africa and Guyana, South America. The Company is engaged in the exploration and development of mineral properties. Its Reo Gold Project covers approximately 1,002 square kilometers of a confluence on the prolific Hounde and Boromo greenstone belts that just within Burkina Faso hosts several multimillion-ounce deposits like Karma 3.8Moz, Bissa 6.6Moz, Hounde 4.9Moz and Mana 8.6 Moz. Its Yono Property is situated within 170 meters of substantial NI 43-101 compliant resources held by G2 Goldfields limited and G Mining Ventures.


TSXV:TAJ - Post by User

Bullboard Posts
Comment by gold_strikeon Aug 19, 2014 12:08pm
63 Views
Post# 22855902

RE:RE:RE:So...

RE:RE:RE:So...Management wants to drill now as much as we do and they have picked out the targets for the next round, but the market continues to be tight so fund raising takes longer.    The lack of action is not due to lack of planning or just sitting on the sidelines by management.      Unfortunately though, when the PP takes longer, the share price tends to drop, which causes fewer to subscribe at 5 cents, and so a downward cycle occurs.      But this has been pretty much the case for all the juniors trying to raise funds over the last 2 years in this market.    It hasn’t helped that the price of gold is being kept artificially low by the governments desperate to keep their currency’s value, but that can’t continue for much longer IMO.  

Bullboard Posts