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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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Toachi Mining Inc > There's a 90% probability that

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Post by EricLeboeuf on Jul 28, 2018 7:03am

There's a 90% probability that

They want to buy the other 40% of the property before spending more on it and make more discoveries

Bigger bang for the buck on PEA results
Bigger bang on new drilling news
Easier to finance
....

Then, the share price will reajust to its REAL VALUE
The market is discounting todays Real Value because of the 60/40 deal
Every parthner will benefit from this, Including us, greatly

So far TIM has spent more than the required amount for their 60% and has the cash for the last property payment in the bank if not already given

Go Alain GO

PS The PEA must be Amazing to do this

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Comment by spexstox15 on Jul 28, 2018 10:49am

Well spoken Eric! Again - this package has to be assembled prior to releasing anything of significance. Timing is important and this is just not promotable at this time. Wait till fall when "they" are ready. Keep in mind recent share prices down the road.

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