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Bullboard - Stock Discussion Forum Treasury Metals Inc V.TML

Treasury Metals Inc. is a gold-focused company with assets in Canada. The Company is focused on its 100%-owned Goliath Gold Complex, which consists of Goliath, Goldlund and Miller deposits, which are located in Northwestern Ontario. The Goliath Gold Complex is comprised of approximately 503 mineral claims, 49 patents, five leases and one license of occupation, and the properties cover... see more

TSXV:TML - Post Discussion

Treasury Metals Inc > To finance the 350M project ?
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Post by andre171 on May 16, 2024 4:20am

To finance the 350M project ?

To finance the construction of the 350M project, I think the market capitalization will have to increase significantly. In my opinion, TML needs +- US$100M of capitalization to hope to obtain acceptable financing, so at the current price of US$0.168 the current capitalization of US$31.5M + US$11M for Blackwolf Copper and Gold, i.e. US$42.5M, still needs to more than double, which implies either a share price that rises to US$0.40 (CAD0.54). Obtaining the permit for Goliath will be essential for a significant increase in TML's valuation, as is the case for permitted projects. Dilution will then be all the more acceptable if the other sources of financing negotiated are significant (share of loans, royalties or another source of financing). What do you think?
Comment by andre171 on May 18, 2024 10:06am
Although financing prospects have improved with the takeover of BWCG and Frank Giustra's (first) financial participation, I don't see many short-term catalysts for TML. I wonder if anyone on this forum is still interested in this topic, or are my posts considered null ? 
Comment by marketsense on May 19, 2024 12:27pm
No,  I think there are plenty of investors interested particularly since the merger.  The  catalysts although few,  are not insignificant.  Permit approvals and more drilling  should help boost TML profile.  That plus Giustra's involvement should start to make a difference.  I'm liking this situation more now than before.   The money from the ...more  
Comment by andre171 on May 20, 2024 6:02am
Thank you for your reaction, they are so rare on this forum!