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TRU Precious Metals Corp V.TRU

Alternate Symbol(s):  TRUIF

TRU Precious Metals Corp. is a Canadian natural resources company. The Company’s flagship project is the Golden Rose Project, a regional-scale 300.25 square kilometers (km2) land package in Central Western Newfoundland which straddles a 45 kilometers (km) strike length along the gold deposit-bearing Cape Ray-Valentine Lake Shear Zone, directly between Calibre Mining’s Valentine Gold Project and AuMEGA Metals’ Cape Ray Gold Project. Golden Rose covers an underexplored land package and is transected by the Valentine Lake structural corridor, hosting over 45 km of prospective strike length for gold and copper mineralization. Its exploration will be focused on the critical minerals associated with the deposit-bearing Cape Ray-Valentine Lake Shear Zone, with the view to developing a deeper understanding of the overall critical mineral’s potential at Golden Rose.


TSXV:TRU - Post by User

Comment by dothemathpeopleon Jul 06, 2023 7:24am
148 Views
Post# 35528667

RE:RE:RE:News

RE:RE:RE:NewsAgreed.  He is a lawyer by trade, no?  WTF is doing then?  Explains why he has to hire everyone for everything.

Pretty sure he bought into that spot with a resurgent investment.  At $20k/month he is well overpaid, and has underperformed.  And now he sells the TRU and their GR for $0.05/share; I guess the easy money financing is all dried up at this time.

Mostly surface work for the last few years, lots of soil sampling and trenching but very little drilling since the first few passes.  Wonder how Ormond came up with their valuation on their buy in?  It is just So speculative still, and the Marathon "gold mine", a low grade high tonnage deposit, is at least 60km's away to the north, and the Matador deposit, private and also low grade high tonnage, is about the same distance away to the southish.  TRU is a decade behind them.

Rinse and repeat is what i am thinking.  Thats what TRU is now; in the wash cycle.  Waiting on the next "trend".  
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