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Temas Resources Corp C.TMAS

Alternate Symbol(s):  TMASF

Temas Resources Corp. is a Canada-based company, which is engaged in the acquisition, development and exploration of mineral properties. The Company is focused on the advanced La Blache and Lac Brule Iron-Titanium-Vanadium projects in Quebec. The Company’s projects include La Blache Fe-Ti-V Project and Lac Brule Ti-Fe-V Project. The La Blache Fe-Ti-V Project is comprised of approximately 175 claims and covers 9466.97 hectares. The La Blache Project is located approximately 100 kilometers (km) north of the community of Baie-Comeau, Quebec. The Lac Brule Ti-Fe-V Project is comprised of approximately 36 claims, covering 2,016 hectares within the Labrieville Anorthsosite Complex. The Lac Brule Ti-Fe-V Project is located 64 km by road accessible from Labrieville. The Company applies its green mineral recovery technologies across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies.


CSE:TMAS - Post by User

Post by geolteacheron Jul 24, 2024 10:56pm
91 Views
Post# 36147301

recent strategic hires say a lot:

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?

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