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Trailbreaker Resources Ltd V.TBK

Alternate Symbol(s):  APRAF

Trailbreaker Resources Ltd. is a mineral exploration company. The Company holds eight mineral properties in British Columbia (BC) and two properties in Yukon Territory. The Atsutla Gold project consists of over 36 mineral tenures covering over 40,000 hectares (ha) of underexplored, highly prospective ground in northwestern BC. The Skelly property covers over 2,525.59 ha (two claims) and is located just south of the British Columbia-Yukon border, approximately 100 kilometers (km) southwest of Whitehorse, Yukon Territory. The McMurdo property covers over 1727.62 ha (one claim) and is situated in southeastern BC within the Spillimacheen Mountain Range, 30 km southwest of Golden, BC. The Eakin Creek property is located 100 km north of Kamloops, BC and covers 1,610 ha of prospective ground that drains into placer gold-bearing Eakin Creek. Its Connector Gold property is located approximately 40 km west of Kelowna and 55 km southeast of Merritt in south-central BC and covers over 1,894 ha.


TSXV:TBK - Post by User

Bullboard Posts
Comment by ErikSpoton Jul 18, 2016 8:21am
162 Views
Post# 25060941

RE:RE:$0.50 to $ !.00 this season.

RE:RE:$0.50 to $ !.00 this season.Good comment Cool, help me understand what I'm missing
a) Yukon/Canada is safe, politically friendly
b) depressed Cdn dollar vs USD, gold sold in USD
c) kaminak just taken out by gold Corp (property not far away as I understand)
d) gold prices seem firm based on geopolitical mess globally, rates staying low
e) early results show decent prospects for discovery on plateau property
f) decent management? 
G) big gold producers seeking safe haven deposits for growth/reserves

Potential issues
a) rates rise faster in the US, gold takes a hit
b) drill results don't meet expectations
c) stock is currently ahead of itself
d) need to issue more stock to fund drilling 
e) general global fund flows exit metals 

i guess these are the biggest risks, agree?

wondering if I should initiate a position after this large run.....
Bullboard Posts