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I think the issue is that when they complete the drilling campaign they can call on warrant-holders to exercise at 0.7p. The better the drilling results, the closer this time gets, so some shareholders look to sell shares to be ready to subscribe for the warrants. I think they just need to get it out of the way and then we can all march forward. GLA
I'll try to avoid looking at the price on HL for now, results would suggest no link!
Orientfrance,
and I bet it doesn't cost £350k to list on Aquis.
But seriously this needs to re-list.
I think CEO made mention of this in the interview below. Aquis Apex is much better liquidity-wise than predecessor NEX. Spreads are kept to 5% I think I have seen. Move to AIM will come though I am sure.
https://www.share-talk.com/brett-boynton-tectonic-gold-plc-ttau-l-chief-executive-officer-interview/
https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=TTAU
Plenty of detail in TTAU RNS's.
Yeah I remember Strat min,
WIth all this excitement and gold at $1800 can they not afford £350k to re-list ?
So it looks like if we have mineralisation to the full depth of the ore zone, we will be in collaboration with one of the big boys and there will singing (for which I am forbidden by many to attempt) and dancing in my house.
So far so good... more gold found.
Graphine was sold to Bass for a pittance, money was then lent to a foreigner who disappeared.
Good to see this is getting a bit of interest now, and with very good reason. We await lab results.
Anyone here from the Stratmin days? GLA
It's always good to quote what's written.
The full quote is ""We are getting grades up to over 15 g/ton. Cadia, which is one of the lowest-cost producers in Australia are mining at below 1 g/ton but they have #copper and other credits in there as well, as we do."
You are aware that the Cadia mine belongs to Newcrest I presume.
Brett Boynton, @tectonic_gold (#TTAU.L) Chief Executive Officer Interview. We are getting grades up to over 15 g/ton. Cadia, which is one of the lowest-cost producers in Australia @AquisStockEx
https://twitter.com/ShareTalkNews/status/1359805637853593600?s=20
https://www.share-talk.com/brett-boynton-tectonic-gold-plc-ttau-l-chief-executive-officer-interview/
Good to hear you can deal on Aquis with HL. I bought at 1.5p too using x-o. GLA
All positive, based on this I've added to my (very modest) holding. Interestingly with HL I was able to buy at 1.5 despite the bid/ask being 1.50/1.65 at the time - no complaints clearly!
Ceo is very level-headed (see the interview mentioned at the top of this page), and I think they have a product/system which can identify metal reserves very cheaply and that is how they are going to move forward successfully.
They might sell off Specimen Hill to one of the big boys and keep the second project, or visa versa, or just prove up and sell both.
There are good comms coming through too, which is another good aspect for investors I always think.
GLA
It's one which seems to be held fairly tightly but quite reliant upon a small network of investors spreading word. This generally grows as the company delivers.
I have been a holder for some time and it is now becoming more interesting. There continues to be limited interest and I wonder how the shares could perform once there is more awareness
Looking an interesting little stock to nibble on. I am in and building position.
News on:- https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=TTAU
GLA
Yes, this is looking like a very interesting stock to nibble into now. I am in and building position gently.
News comes on;- https://www.aquis.eu/aquis-stock-exchange/member?securityidaqse=TTAU
GLA
Good story at beginning, have added to watchlist and will look to build a position
Oops, it got chopped...
“Sulphides have been successfully intersected in every hole that was drilled.”
Tectonic Gold plc (TDIM: TTAU), the specialist Intrusive Related Gold System (“IRGS”) explorer, is pleased to announce further progress of the January 2021 drill program at Mount Cassidy, in Queensland, Australia.
Mount Cassidy Highlights:
7 Holes completed for 778m, all intersecting gold bearing sulphides
Maintains our 100% targeting accuracy record
Previous surface sampling returned assays of +30g/t gold
Historic mining records show +15g/t gold processed
Textbook IRGS system confirmed
Incident free campaign extending our perfect safety record
Mr. Brett Boynton, Managing Director – Tectonic Gold Plc commented:
“We are very encouraged with the visual review of samples from the drilling at Mt Cassidy so far. The team has completed 7 holes with mineralisation intersected in every hole, maintaining our perfect record in drill targeting. We know from our extensive surface sampling and historic mining records, that high grade gold at Cassidy is associated with pyrites, which we have picked up in all of the holes to date.
We have a strict safety-first policy, so with a major weather system nearby we have put drilling on hold temporarily with 4 holes to go. From drilling completed thus far, we have sufficient sampling to give us an excellent data set for our initial proofing analysis. Mt. Cassidy is an important project as Tectonic have made a discovery here which further justifies our IRGS methodology and advanced exploration technologies used to identify a system that had very limited surface expression.
We have tied together a number of disparate, historic, and artisanal scale operations which we tested with a broad soil sampling program which has provided indications that a large system might tie it together. We have followed this work up with an innovative, deep penetrating, geophysics survey that showed the structure of a major undercover system. Hitting mineralisation at depth in our reconnaissance drilling program is a confirmation of many years of field programmes; we are slowly putting this jigsaw puzzle together and we are extremely excited to have samples in the lab and ready for assay.
Mt. Cassidy gives us a rapidly advancing follow-on project which will become the focus should we progress our plans to partner on or sell down our nearby Specimen Hill project.
We have fielded a lot of interest following our announcement that drilling had begun at Mt Cassidy, so have provided a detailed summary of each of the holes below to share some of our thinking and how we are working this project.”
Exploration Update:
The January 2021 drilling campaign at the Mount Cassidy Prospect completed 7 of a planned 11 holes with 4 holes postponed due to weather.
Planned Holes Planned Metres Holes drilled Metres Drilled
11 Holes 1,500m 7 Holes 970
Samples have all been collected and logged and are in the laboratory for processing. Assay results will be reported in due course.
Sulphides have been successfull