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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 Mineralveinon Jan 20, 2021 10:39am
193 Views
Post# 32333231

RE:RE:RE:RE:RE:RE:Shorts

RE:RE:RE:RE:RE:RE:ShortsI am a bit surprised that the Botswana government has not recognized the potential for this project as it relates to developing their natural resources.  Seems like infrastructure driven by the government would be a no brainer to develop income from what they have sitting in the ground.  The turnaround in iron ore prices is a critical peice in triggering these sorts of investments.  This is a huge resource and has been shown to be amenable to getting +66% iron ore product via magnetic separation  - a good percentage to control downstream smeltering costs.  China is in a bind with current iron ore market prices - surprised they have not sought future developments in this space.  
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