Patience my friend...Rome was not built in a day.
Clearly this is a speculative play...they are not producing and grades at the Sunday anomaly have been low so far.
If you want a no brainer go for CMM.
My reason for holding TBM in my portfolio as my speculative play is the possibility of a 10 bagger...which you likely won't get (for a while) with CMM.
They are into MMS and have already found low grades of NI etc. Management believes this is a separate anomaly from the RoF and Eagles Nest and that this anomaly extends 25 km to the west from the current drilling on the Sunday anomaly....the VTEM will tells us if they are right.
We are just waiting on the results of the VTEM and the borehole surveys to tell us where to drill next. Did we just miss with the last holes? What about the fault they discovered with the last drilling?
I know that Ian and John Harvey are very excited about this play. This is summer and things are slow....but consider that they could be drilling again in July.
SN