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Tower Resources Ltd V.TWR

Alternate Symbol(s):  TWRFF

Tower Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the discovery and advancement of economic mineral projects in the Americas. Its projects include Rabbit North, Nechako Gold, and More Creek. The Rabbit North project comprises over 34 mineral tenures covering across 16,400 hectares (ha), which is situated around 14 kilometers (kms) southwest of New Gold Inc. and 27 km northeast of Teck Resources Ltd. The Nechako Gold property comprises 10 mineral tenures totaling across 2,975 hectares in the Nechako Plateau Region of central British Columbia (BC). Nechako gold property is approximately 30 kms northeast of New Gold Inc.'s Blackwater development project. The More Creek property comprises five mineral tenures totaling 6,430 hectares in the Golden Triangle District of northwest British Columbia. The project is situated over 120 kms north of Stewart, British Columbia and approximately 10 kms to the east of the property.


TSXV:TWR - Post by User

Bullboard Posts
Comment by Lotharon Oct 28, 2017 2:02pm
133 Views
Post# 26872067

RE:RE:RE:RE:RC Drilling at Chako

RE:RE:RE:RE:RC Drilling at Chako
I think a lot of traders bought the hype in June-July and got burned when mixed results showed a lack of continuity at our 'flagship' project.  Now they're pulling the chute thinking this is a one-horse show.  Silence from More Creek is probably also contributing slightly to the current price environment.  A higher price would be comforting, but I share your expectations wrt to upside and results so I'm not too worried about it.  Sell side is also light on the TSX market depth, for what it's worth.

Pricing aside I'm very interest to see how well the RC drilling ties the dispersal train to a bedrock source as a textbook case.

-L
Bullboard Posts