Post by
EricLeboeuf on May 11, 2018 6:31am
2018 is the year for TIM
PEA will be solid as grades are
Payback should be about 3 years (Infrasructure is in place)
IRR should be 40%
They would start mining the open pit to finance the underground operation
Perfect scenario and setup
They will surely get mine financing or a funding partner
Management and Board are more than able to achieve this
Gold is going to run (Inflation is coming)
and so is TIM
11.2MM$ market cap with 3MM$ in the bank
Can I say UNDERVALUED???!!!!!!!!!!
JMHO
Comment by
rockmoney on May 15, 2018 1:35pm
They do have the recent raise in the bank but its not going to last long at all. My worry is they are spending way too much and will burn through that fast. And if the stock price stays where it is, we get more massive dilution. I agree, really attractive project. Love the grades. It is a winner technically. But corporately, this is a small junior with what looks like not that much money.