Bullboard - Stock Discussion Forum Toachi Mining Inc TIMGF

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Toachi Mining Inc is involved in the business of acquisition, exploration, and development of mineral properties. The principal business activity of the company is the development of the La Plata project's gold, copper, zinc and silver volcanogenic massive-sulfide project in Ecuador. The company operates in a single segment being the mineral exploration in Bolivia and Ecuador.

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GREY:TIMGF - Post Discussion

Toachi Mining Inc > value call

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Post by EricLeboeuf on May 08, 2018 8:00am

value call

800,000 oz's gold equiv going to 1MM at 13 g/t equiv.!!!!!
60 - 70% open pit WOW!!!!!!
75% of property

Math

Very MINIMUM. of 100$ oz in ground (should be 200$ at that grade)
80MM$ Value (75%) 60MM$
120MM shares fully diluted

Worth .50$ TODAY / Analysts are at 1$+
Risk/Reward is awesome
JMHO

123

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Comment by rockmoney on May 08, 2018 2:14pm

I have to agree. This project should generate really strong margins per tonne because of the high grades.And it seems to have come to some life in the last few days with better volumes. Up a few cents also. Maybe finally getting recongnzied??

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Toachi Mining Inc