Transatlantic Mining Corp V.TCO

Alternate Symbol(s): TRRGF

Metals & Mining Industrial Metals & Minerals

Transatlantic Mining Corp. is a Canada-based precious and base metal explorer. The Company is engaged in the acquisition and exploration of mineral property interests, such as the Golden Jubilee and Miller Mine Gold Property and the Monitor Copper/Gold Property. It has property interests including an 80% joint venture position on the Monitor Copper-Gold project in Montana-Idaho and 100% of the Golden Jubilee Gold Project with its associated mining rights. The Company has an extended lease, right to mine and purchase arrangement for the Miller Gold Mine in Montana. The Golden Jubilee Property is located in Granite County, Montana, about 20 kilometers (km) from the township of Phillipsburg. The property lies on the famous Red Lion corridor. The Miller Mine Gold Property is located in Broadwater County, Montana, about 30 km from the township of Helena. The Monitor Project is located along the eastern extension of North Idaho’s Coeur dAlene Mining District.

TSXV:TCO - Post by User

Transatlantic Mining Corp

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Comment by baystock1on May 07, 2017 1:45am

124 Views

Post# 26213436

RE:RE:RE:Huge Potential Gains Here

I personally feel that a lager share price will attract more investors as the spread between bid and ask below 10 cents is a real pain. Stock splits can be a real pain. The company pretty much has all the infrastructure in place at the US Grant Mine and now just needs to get the 43-101

Insiders have very little skin in the game. The CEO owns only 1% of the shares outstanding, so there is no real disincentive to them against dilution. The reverse split news release provides no real rationale for it. So I see the 10 for 1 reverse split as fortelling a lot of share dilution to come. Otherwise why do it ? After looking into Transatlantic my conclusion is that I prefer comstock mining (LODE) which is trading for the same share price.