Treasury Metals Inc V.TML

Metals & Mining Gold

Treasury Metals Inc. is a gold-focused company with assets in Canada. The Company is focused on its 100%-owned Goliath Gold Complex, which consists of Goliath, Goldlund and Miller deposits, which are located in Northwestern Ontario. The Goliath Gold Complex is comprised of approximately 503 mineral claims, 49 patents, five leases and one license of occupation, and the properties cover approximately 34,926 hectares. The Goliath property is located in the Kenora Mining Division in northwestern Ontario, about 20 kilometers east of the City of Dryden and 325 kilometers northwest of the port city Thunder Bay, Ontario, Canada. The Goldlund property covers around 28,289 hectares, and includes two deposits - Goldlund Mine and Miller, which covers portions of the Echo and Pickerel townships in Ontario. The Miller property is a proposed open pit mine. The Company also owns other projects, including the Weebigee-Sandy Lake Gold Project JV, and grassroots gold exploration property Gold Rock.

TSXV:TML - Post by User

Treasury Metals Inc > Tm warrants

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Comment by fbedard29on Oct 02, 2022 10:07am

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Post# 35000105

RE:RE:RE:RE:Tm warrants

Hi Andre171
I have received TML shares and WT in july 2021 as a div. from another co i owned.
Small position so i haven't followed TML closely.
I have looked at the presentation to get more info.
Share price has dropped by a large % just like other co i own.
Mcap of $41m with +-$25m in cash(enough to produce the FS).
The $20m NSR for 2,2% is very good if i compare to one of my other holding that sold a 2% NSR for $2m.
My concern is that it could take another $200+m to go into production and production
could be a few years away.
TML is not a bad investment but for me i see more potential and faster return from other co i own
So i will probably sell my small position in TML for taxe purpose.
Fernand

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