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Bullboard - Stock Discussion Forum Tarachi Gold Corp C.TRG

Alternate Symbol(s):  TRGGF

Tarachi Gold Corp. is a Canadian junior gold exploration company. The Company is focused on precious metal opportunities in North America.

CSE:TRG - Post Discussion

Tarachi Gold Corp > Financials
View:
Post by Puma1back on Apr 04, 2024 12:02pm

Financials

They issued the January 2024 statements- spent $70k in the period but earned $55k of interest income , so little drag on net cash.

collected the outstanding $1m but some tax recoveries still outstanding- dang Mexico 
 

Book value is 3 cents and a public shell co has an implicit value of at least 10 cents -

Comment by Puma1back on Apr 09, 2024 12:14pm
Well Haywood were in for just over 200,000 shares at 3.5 cent average
Comment by Puma1back on Apr 09, 2024 12:17pm
Add that to their 665,000 in March and approaching a million shares.    
Comment by Puma1back on Jun 29, 2024 2:34pm
So we have now reported our first full quarter post collecting all our money -  presumably now we have no more collection risk, mgmt can energize their property searchs. Though cash is pretty good to hold still and they do appear pretty able Stewards of looking after it.
Comment by Puma1back on Jul 08, 2024 5:39pm
OPTIONS GRANTED - at 5 cents so maybe they will get this going    ---------------------------------------------- TARACHI GOLD ANNOUNCES ISSUANCE OF STOCK OPTIONS Tarachi Gold Corp. has issued 5,425,000 incentive options to company management, directors and consultants. The options have an exercise price of five cents and a term of five years, and will vest immediately. The options ...more  
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