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Terrtiary minining -what do you think? (TYM)     

JRM - 07 Nov 2003 15:56


The Sunday Telegraph love this one and last week they gave a positive update.

I don't know whether to buy, but the spread has narrowed and the market capital is tiny so it could jump!

I'm dancing in the dfark with this one but I'd appreciate your thoughts?

50p or 5p what will it be?

deltazero - 18 Dec 2013 08:02 - 67 of 70

rns out - onwards and upwards

required field - 07 Apr 2014 09:40 - 68 of 70

Looking more and more impressive,,,,when the jorc comes out : perhaps 15p plus !...

queen1 - 17 Jun 2015 12:35 - 69 of 70

Positive update:

Tertiary Minerals confirms a substantial increase in the JORC2 (2012)-compliant Mineral Resource Estimate for its MB Fluorspar Project in Nevada, USA.

Highlights (applying a 9% fluorspar (CaF2) Cut-Off Grade):

· JORC compliant Indicated and Inferred Mineral Resource Estimate - 86.4 million tonnes grading 10.7% CaF2

· JORC compliant Indicated Mineral Resource Estimate - 6.1 million tonnes grading 10.8% CaF2

· JORC compliant Inferred Mineral Resource Estimate - 80.3 million tonnes grading 10.7% CaF2

· Contained fluorspar more than doubled for the MB Project and a 67% increase in the Company's total fluorspar Mineral Resource asset base - JORC2 compliant

· The MB Fluorspar Deposit remains open at depth and in all lateral directions

hangon - 15 Dec 2015 16:22 - 70 of 70

With "Mining" out of favour this (TYM), and Sunrise [SRES] are just about keeping themselves afloat. Odd then that today after ann. FY losses widen the sp rises 28% - maybe someone pressed Buy when they wanted to Sell?
Is the World waiting for more USA-sourced Fluorspar, I wonder - er, that's I hope so.
EDIT (23Feb2016)- [TYM] sp is 1.25 ( abt 3% fall today ), but mining isn't good.
EDIT (12Jan2017)- sp 0.88p (8% fall today)- Oh so CEO thinks Swedish Mining Regs is not inducive And Flospar prices are too low... Looking for some cash-generating Op to compliment . . . smacks of buying (via Placing?) overpriced C.. who can't manage their assets too well, either. Not +ve, rather an admission we've been sold a pup since yr-1.
EDIT (4Aug2917)- Odd share-split recently and now sp is 0.6pence ( nearly two-a-penny)....can't see anything positive at this level. Must be Fundraising soon...meaning dilution....but nec. to keep going.
EDIT(8Dec2017)-After some gains due to "speculation"(?) sp rose nicely, only to be dashed (sp=1p9), after raising £500k at 1.2p - it should fall to match, but not yet. With Xm+NY approach, can't see any+ve activity until March, maybe?
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