Toachi Mining Inc TIMGF

TIM vs Pershimco

[EricLeboeuf]

The panama project of Pershimco was/is a total different animal than TIM's
Was/Is High tonnage --- low grade gold/copper
TIM's is averaging 13g/t gold equiv. !!! with infrastructure very close

Furthermore it probably took/takes around 600MM$ to bring Panama into production vs TIM's at a much lower cap. investment IMO around 50-75MM$ for a very high grade concentrate operation if they decide to go that route

I feel for the implied 32% loss that happened by 2016 on PRO but Pershimco did run from .15$ to 1.50$ from 2010 to 2012-13...early investors made a ton of money not only Alain and his father

Everyone has the chance to get in on TIM at the lows RIGHT NOW before more drilling that will surely increase resources, new VMS targets that will deliver results, PEA, Partnerships,......Analyst Reports

Also the junior resource market had no bids from 2012 to 2016, it was HORRIBLE
Most juniors lost 90% of their value unlike Pershimco  that merged with a company that had 50MM$ in cash in the bank

The present timing is awesome and everything :) , Inflation should hit in 3rd quarter and gold have a good 2-3 year run thus briging tons of cash into the exploration sector

Good point on the yearly compensations of Pershimco, Probably had some (non cash) option grants in those numbers 

Moral of my post is : Everyone has the chance of buying the stock NOW at the same discount price as Bureau, Goodman and the management/Board 

PS They closed a 3.75 MM$ / 0.40$ PP in june 2017 where the board including Goodman took down 13% of it   (Only 17 placees Total)