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Toachi Mining Inc TIMGF

Toachi Mining Inc is involved in the business of acquisition, exploration, and development of mineral properties. The principal business activity of the company is the development of the La Plata project's gold, copper, zinc and silver volcanogenic massive-sulfide project in Ecuador. The company operates in a single segment being the mineral exploration in Bolivia and Ecuador.


GREY:TIMGF - Post by User

Comment by EricLeboeufon Oct 04, 2018 7:04am
55 Views
Post# 28742783

RE:RE:RE:RE:New presentation on their web site

RE:RE:RE:RE:New presentation on their web siteMost of TIM'S shares are in managements, board and fund hands
Most of the money was raised at 0.40$
As per the 0.15$ PP with warrants, The company will need liquidity once things are "Ready", these shares will feed the market slowly and also fund the company with the 0.17$ wts(3,4MM$)

Calculate the market cap on 100MM shares so 12MM$ Today (with 6MM$ in bank from cash and wts)

This means 75% of the near 1MM oz's(750K oz's) at 13.4g/t equiv. are worth just 6MM$cad in market cap Today!!!!! = 12.50$ per high grade oz in ground!!!! 

The value of the rock is 500$ a ton, the stock market value is 30$ a ton!!!!!! 

It should be worth 8 times that In both of these price analysis

Long story short, at 100$ per once in ground(net) = 75MM$ property + 6MM$ cash = 81MM$
81MM$/100MM = 0.81$ share price + discovery upside from new targets 

Funds are going to eat this up in a big way.....




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