Bullboard - Stock Discussion Forum Tower Resources Ltd V.TWR

Alternate Symbol(s): TWRFF

Metals & Mining Industrial Metals & Minerals

Tower Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the discovery and advancement of economic mineral projects in the Americas. Its projects include Rabbit North, Nechako Gold, and More Creek. The Rabbit North project comprises over 34 mineral tenures covering across 16,400 hectares (ha), which is situated around 14 kilometers (kms) southwest of New... see more

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TSXV:TWR - Post Discussion

Tower Resources Ltd > Investors know something we don't

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Post by kdog1ca on Mar 25, 2021 12:04am

Investors know something we don't

For Tower to close the 2 million FT shares at 14 cents each, the investors of this financing package must know something we do not.

They have to be expecting a minimum 100% return or they wouldn't pony up the dough.

So what is the catalyst for the investor excitement? Is it Rabbit North?...smack dab in the middle between New Gold's New Afton and Teck's Highland Valley? ... or is it more from Nechako?

I expect the truth to come out soon...

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Comment by BigBadgerBalls on Jul 02, 2021 11:15pm

I agree. Personally more interested in the Nechako property. You know how these things work. These days i would think FT buyers would be cautious of a broad spectrum of risks so in my mind its a very good sign.

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Tower Resources Ltd