recent strategic hires say a lot: TMAS made two recent hires that imply it really believes in itself.
hired a general counsel.
A little junior wouldn't do that unless they expected a lot of legal work.
for managing claims, in-house review of 43-101s, procurement contracts, permitting, etc.
also hired a COO. A small junior like TMSA doesn't normally hire a COO.
Tells me they expect to grow.
The COO' experience and background are really well suited to TMAS.
He wasn't a desperation hire!
This thing has insane potential.
- market cap ~$6M (CDN).
- NPV-8 of ~ $6.6B CDN.
that's approx a 1000 multiplier.
if this thing gets bought out at $60M it's a 10-bagger.
if it gets bought out at $250M it's a 40-bagger.
there's a timing (of when to buy) question:..will it drift much lower in the late 2024 tax selling season?