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Bullboard - Stock Discussion Forum Turmalina Metals Corp V.TBX

Alternate Symbol(s):  TBXXF

Turmalina Metals Corp. is a Canada-based mineral resource company. The Company is engaged in the business of acquiring and exploring mineral resource properties in South America. The Company’s principal property is the San Francisco Project, located in San Juan Province, Argentina, which is comprised of various properties and option agreements. San Francisco Project includes El Tapau, Cerro... see more

TSXV:TBX - Post Discussion

Turmalina Metals Corp > NEWS OUT TODAY
View:
Post by makesence on Oct 05, 2020 9:03am

NEWS OUT TODAY

Best part of news release:


29m @ 4.2 g/t Au, 222 g/t Ag & 1.4% Cu (8.4 g/t AuEq) from 67m (SFDH-018)
Including 16m @ 5.3 g/t Au, 231 g/t Ag & 0.99% Cu (9.2 g/t AuEq) from 71m

29 M .13 once gold; 7.16 once silver; 1.4% copper
Value/ton  Au $245 Ar $171 Co $84 Total $500/ton value. 

More drilling work will build the story.
 
https://ceo.ca/@nasdaq/phase-two-drilling-continues-to-intersect-strong-gold-silver-copper
Comment by Popfrack on Oct 05, 2020 9:33am
TBX is collapsing on poor drill result. I definately give up. I will sell all shares  Good luck to all who have the courrage to keep this pig. I lost a lot here :(
Comment by goldanalyst on Oct 05, 2020 9:39am
Hey Pops......Rome was not built in a day....you go ahead and join the millenial types who judge an entire company on a few holes..which by the way were perfectly fine holes....
Comment by Popfrack on Oct 05, 2020 9:49am
Yes the one before was very I think 109m 7.6AUequ even if the market didnt like it I kept the share because I am convinced it was very good drill. But today drill is very poor. only 29m at 8gAUequi. The lenght is way too short. The market will destroy the stock with such a bad hole.  So I am out.
Comment by cyber37 on Oct 05, 2020 11:27am
If anything this news confirms that gold is there; now TBX needs to better define configuration of this rather unconventional system. With over 70% of shares controlled by insiders/management, I wonder how many more shares they bought today? I'm looking for this stoc be next KNT or FSX; it has that DNA in the blood stream. G37
Comment by flashcash on Oct 05, 2020 1:38pm
A cube of that 29m is worth an in the ground 33 million. I will stay a while longer. GLA
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