Alternative Resource Capital - Just put out a valuation on this company at 0,36 with current mine-life, Stating another rerate upwards with an extended LOM.
Today we saw the stock retrace close to 11%, everything got bought and closed -2% - Tree was shaken and weak hands got eliminated, strengthening the share-structure for the next leg up. This was a huge bullish indicator.
They are adding ounce to the resources what is bad about that :) - Focus should be on Segilola right now. Most important > rigs are turning on all their project with organic cashflow.
I have gathered a thread on the Company on X - Feel free to go through it, I will be adding to the post as we move forward.
I have also compared THX with its peers in the junior producer market and none of the others comes close to the cashflow THX is currently generating. Further more I'm very happy with CEO Lawson and certain that he will keep delivering as he has done since he started this company in 2011 at grassroots stage. We are a group who are accumulating on this story sharing it > [LINK REMOVED]