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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 > Why so quite
View:
Post by cyber37 on Oct 22, 2020 3:13pm

Why so quite

TBX not in fashion…..as evident from this quiet period on this bullboard; is that good? On one hand yes so we can add up to the position we have …or new comers can start position at reasonable price. Now, is $1.1/share a good price you may ask, insiders were buying on open market at $1.2 or so just a few days ago….so I guess it is good value. Having said all this I really think we need some updates, plan of action from this management to bring TBX to life. This passive state of existences may be good for beers through the winter and is referred to as hibernation. I like to think TBX is not that kind of animal. 
G37 
Comment by goldanalyst on Oct 23, 2020 4:05pm
TBX is an unorthodox company chasing breccia pipes not as a way to vector in on a source but as a source in itself. The market is skeptical. It is a very complex story with a high risk and high return.  So far they have not been able to communicate their story in such a way that convinces the market that their approach is worthy of a higher MC. Time will tell. I'm holding for the next ...more  
Comment by cyber37 on Oct 27, 2020 4:58pm
Goldanalyst; I get the fact that source of gold is rather ‘unorthodox’ as you stated but this is why company should be even more ‘educating’ shareholders (more frequent updates regarding progress)….yet we have almost nothing. A very healthy $1900/oz will not last forever so this is also lost opportunity to prop-up share price in case they need more money & would have to issue more shares ...more  
Comment by braindeadoldguy on Nov 04, 2020 10:23am
This post has been removed in accordance with Community Policy
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