Just spoke with TTM
posted on
Dec 07, 2007 06:58AM
(Edit this Message from the "Fast Facts" Section)
Not a whole lot to report that is new but here goes:
Drilling will likely stop around the 17th and commence again first thing in the new year (x-mas break).
Assay's will very likely be released next week. I asked about delay's that we seem to be having in regards to assay's? The answer is our grades are high enough that they have to be re checked. (that is a good problem to have).
We currently have 8 completed holes waiting for assay's.
43-101 resource should be completed by end of January/early February.
I usually try and ask at least 1 question that may be of interest or at least spark some discussion.
This is stated very simply for those who are new on the board.
We are working from the west pit to the east, and from the east pit to the west (toward the middle).
Here is the exciting part, we have been closing that gap between the two pits and they are now only about 500 meters apart! With ore grade moly in between. This may prove to be not 2 but 1 large high grade moly pit!!!$$$ Instead of a takeover target by summer this could all happen in the next 2 months(43-101)?
Its hard to suffer what we are going through right now, not just with TTM but the whole damn resource sector. Investors will see the extreme value in the entire sector in January if not sooner.
As far as TTM the big prize is now coming into view. If you stood at the west end of the east pit, and I stood at the east end of the west pit, we could wave to each other, by Feb, we could be shaking hands in the middle or our large proven/defined high grade moly pit. The timing will be just perfect!
BBOB