Tinka Resources Ltd V.TK

Alternate Symbol(s): TKRFF

Metals & Mining Industrial Metals & Minerals

Tinka Resources Limited is a Canada-based exploration and development company. The Company is engaged in the acquisition and exploration of mineral properties located in Peru. The Company’s flagship property is Ayawilca Zinc-Silver-tin project, located 200 kilometers (km) northeast of Lima, in the Pasco region of central Peru. The Ayawilca Zinc-Silver project is located 40 km northwest of the Cerro de Pasco mine (copper-zinc-lead-silver), and 100 km south of the giant Antamina mine (copper-zinc). Its Silvia Project consists of 16 granted concessions for 10,906 hectares, located in the Department of Huanuco in central Peru. The project lies approximately 80 km south and along strike of Antamina. The Company has also granted with two mining concessions totaling 1,200 hectares, namely Pampahuasi Property. The Colquipucro silver Zone is located 1.5 km north of the Ayawilca Zinc Zone.

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Tinka Resources Ltd

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Comment by PamplonaTraderon Jul 11, 2017 12:06pm

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Post# 26455802

RE:With 250M Shares Issued

AlternativeView wrote: What is the upside potential for the share price?

GMP Securities assumes another 200m shs issued at C$1.00, and based on last year's resource estimate of 18.8Mt they give the following price targets:

At a zinc price of US$1.20 per pound, GMP Securities calculates NAVPS at US$1.21 (or C$1.59).
At a zinc price of US$1.50 per pound, GMP Securities calculates NAVPS at US$2.06 (or C$2.71).

AngryGeologist estimates that the resource has doubled, not including Zone 3, Chaucha, Valley, etc.

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