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Tsodilo Resources Ltd V.TSD

Alternate Symbol(s):  TSDRF

Tsodilo Resources Limited is a Canada-based exploration stage company which is engaged principally in the acquisition, exploration, and development of mineral properties in the Republic of Botswana. The Company is engaged in the search for economic metal and diamond deposits at its Gcwihaba Resources (Pty) Limited (Gcwihaba) and Bosoto (Pty) Ltd. (Bosoto) projects in Botswana. The Company has a 100% stake in its Gcwihaba project area consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The Company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana. It manages the exploration of the Gcwihaba and Bosoto projects. The Company holds a 100% interest in Newdico (Pty) Limited (Newdico), which provides administrative, operational, exploration, geophysical, and drilling services to the Company’s other subsidiaries.


TSXV:TSD - Post by User

Comment by shnepson Jan 15, 2021 11:45am
170 Views
Post# 32306233

RE:RE:RE:Shorts

RE:RE:RE:ShortsI agree the iron formations are one of Tsodilo's best assets. The problem is that it's located pretty much in the middle of southern Africa. There is zero existing infrastructure to get the product to market. If the price rise has been because the MOU for the Trans Kalahari Railway is close to being finalized. Then I get it. This would get the iron over to Wallis Bay in Nambia where it can be exported anywhere in the world.
Until that time I believe the iron ore is a giant monolith in the interior.
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