GREY:SOHFD - Post by User
Comment by
Spikearoo1on Mar 16, 2018 5:46pm
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Post# 27731314
RE:RE:RE:Quick Video with Telson Mining President Ralph Shearing
RE:RE:RE:Quick Video with Telson Mining President Ralph ShearingSo spoke to IR today. They confirmed that Ralph is expecting $40 million US in PROFITs for the current year which takes into account existing production ramp up at CM and pre-production material being mined offsite for T. So at this rate we could see TSN in the $60 to $80 million US$ per year in 2019. This would be fantastic and very quick for a junior to be up and running and producing such profits so early on in the game. Glen in IR didn't know what the commodity prices being assumed but said that he would speak with Ralph when he is back in Vancouver as he has been travelling to Europe discussing TSN with institutions etc. We really need to see TSN on the TSX vs. the venture. Hopefully that happens in 2018. I bought more today and hold a significant position. GLTA and thanks for sharing any additional info. Cheers...S