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Message: TTM
Slow day how about a slow last couple of weeks.
Everyday I look at the base metals top volumes.
Across the board looks all the same. Knowbody is buying what we are selling!
On a positive note, it looks like this "base metals downtrend" is growing weary.
In alot of the stocks I follow all that are left are your insiders, and long-term believers. That will bode well in the near future as most of these stocks can form a rock solid base.
As far as TTM goes same thing.
Yes we are all growing tired of "no press release yet" . Here is just a theory I have, based on no facts just tidbits of information that I have gathered on TTM over the last year.
We were virtually guaranteed a PR on that Monday weeks ago. They were going to release either with a halt or most likely before the market opens monday AM. This was the message we got as many of us who have been here awhile were led to believe as most of us called IR. SUDDENLY OVER THE WEEKEND CHANGE OF PLANS NO PR.?? And believe me when I say this IR has never been the same ever since.
Reasons we got was, "instead of just releasing a bunch of holes that are essentially infils that is not really news worthy", Imho it was before? Now to continue, "if we put them all together they will have meaning such as moving from inferred to indicated to measured." You know that made perfect sense to me. Good move on managements part. Also, it would of just gotten traded like the last press releases. Management may be right again, another good move.
Well then that was some time ago, "where is it"!
Mangement says "we want to release all our assays together, we are waiting for partial holes to come in" Well that makes sense since we waited anyway may as well have everything complete.
One thing I know is a fact that we have a very good working relationship with the lab we use. In the past we released assay results like clockwork 3 or 4 holes every 3 weeks give or take 2 days. Perhaps that pattern needed to be broken as it was just too predictable. Never did we have a problem, waiting for results. Somehow now we have?
On January 28 we released our resource estimate. We had a bunch of holes already done that were not included in the resource estimate, that was 9 weeks ago and since it took time to compile the resouce estimate I believe we had most of these holes alot longer than 9 weeks.
Perhaps the results are not as good as expected and they are delaying releasing them till they have some good ones?
I am sure that thought has crossed everyones mind. But they had them all ready to go to be released on that fateful weekend/Monday pr. If they were not very good why would they be all ready to put them out then and suddenly they did not. After all they had the results right infront of them?
For those of us who are very close to TTM management truly believe these results will be very good.
Also why post core samples showing "big gobbs of moly" if they did not believe the results to be nothing short of very good. We have never posted core samples before that I am aware of.
Besides with infilling it is very hard to produce poor results as you are drilling between 2 very good holes chances are very good the moly in between should be of very similar quality.
I do not believe for one second that the results will disappoint, all imo of course.
Now here we were lately thinking, "okay this is easy to figure out now they are holding back the PR to release it just before the conference in Germany", they could take this information with them for some added ammunition.
I believe they leave yesterday or today, looking more likely we may have to wait for their return. Okay what now?
Maybe they held back on the PR as they wanted to give the Europeans a chance at some cheap shares? This is not likely as if you have followed this stock lately there is no way you can accumulate any larger amount of shares without spiking the SP. Well thats out.
My conclusions:
This is just my ramblings do not take this as anthing other than what it is just thoughts and conversation.
After taking some time to think this through the only logical explanation I can come up with is something of significance happened on that one weekend (BTW the board did meet that weekend).
I am guessing that PR may of taken us to the next level in our SP. Possibly making a bid for TTM out of reach at the time being. And possibly since it may be a company who is familiar with us and have close ties with us one last chance to come up with some sort of arrangement that could benefit all. Basically saying "look perhaps we can strike a deal we just need a little more time"????
This may be a stretch here but possibly Tom and Crichy could be part of a "gag order'.
That could explain alot of things, such as the sudden IR change of PRs, late PR,s. That has never happened before. Why the hush hush. That was never in their character. Did we loose our great relationship with our lab or is the lab an easy way out of stalling a PR???
But until then its business as usual, Tom and Crichy head to Germany. To a financing conference when they stated publicly we don't need any money(who knows we may in the future). But the exposure will be great and inreality the institututions we are meeting with, (they wanted to meet with us, not begging here) will have to buy shares out of our pockets.
The games the big boys play is now underway!!!!
And we are holding all the good cards.
Hey , whatever we got cooking sure smells good, just don't know what it is yet.
BBOB
Everyday I look at the base metals top volumes.
Across the board looks all the same. Knowbody is buying what we are selling!
On a positive note, it looks like this "base metals downtrend" is growing weary.
In alot of the stocks I follow all that are left are your insiders, and long-term believers. That will bode well in the near future as most of these stocks can form a rock solid base.
As far as TTM goes same thing.
Yes we are all growing tired of "no press release yet" . Here is just a theory I have, based on no facts just tidbits of information that I have gathered on TTM over the last year.
We were virtually guaranteed a PR on that Monday weeks ago. They were going to release either with a halt or most likely before the market opens monday AM. This was the message we got as many of us who have been here awhile were led to believe as most of us called IR. SUDDENLY OVER THE WEEKEND CHANGE OF PLANS NO PR.?? And believe me when I say this IR has never been the same ever since.
Reasons we got was, "instead of just releasing a bunch of holes that are essentially infils that is not really news worthy", Imho it was before? Now to continue, "if we put them all together they will have meaning such as moving from inferred to indicated to measured." You know that made perfect sense to me. Good move on managements part. Also, it would of just gotten traded like the last press releases. Management may be right again, another good move.
Well then that was some time ago, "where is it"!
Mangement says "we want to release all our assays together, we are waiting for partial holes to come in" Well that makes sense since we waited anyway may as well have everything complete.
One thing I know is a fact that we have a very good working relationship with the lab we use. In the past we released assay results like clockwork 3 or 4 holes every 3 weeks give or take 2 days. Perhaps that pattern needed to be broken as it was just too predictable. Never did we have a problem, waiting for results. Somehow now we have?
On January 28 we released our resource estimate. We had a bunch of holes already done that were not included in the resource estimate, that was 9 weeks ago and since it took time to compile the resouce estimate I believe we had most of these holes alot longer than 9 weeks.
Perhaps the results are not as good as expected and they are delaying releasing them till they have some good ones?
I am sure that thought has crossed everyones mind. But they had them all ready to go to be released on that fateful weekend/Monday pr. If they were not very good why would they be all ready to put them out then and suddenly they did not. After all they had the results right infront of them?
For those of us who are very close to TTM management truly believe these results will be very good.
Also why post core samples showing "big gobbs of moly" if they did not believe the results to be nothing short of very good. We have never posted core samples before that I am aware of.
Besides with infilling it is very hard to produce poor results as you are drilling between 2 very good holes chances are very good the moly in between should be of very similar quality.
I do not believe for one second that the results will disappoint, all imo of course.
Now here we were lately thinking, "okay this is easy to figure out now they are holding back the PR to release it just before the conference in Germany", they could take this information with them for some added ammunition.
I believe they leave yesterday or today, looking more likely we may have to wait for their return. Okay what now?
Maybe they held back on the PR as they wanted to give the Europeans a chance at some cheap shares? This is not likely as if you have followed this stock lately there is no way you can accumulate any larger amount of shares without spiking the SP. Well thats out.
My conclusions:
This is just my ramblings do not take this as anthing other than what it is just thoughts and conversation.
After taking some time to think this through the only logical explanation I can come up with is something of significance happened on that one weekend (BTW the board did meet that weekend).
I am guessing that PR may of taken us to the next level in our SP. Possibly making a bid for TTM out of reach at the time being. And possibly since it may be a company who is familiar with us and have close ties with us one last chance to come up with some sort of arrangement that could benefit all. Basically saying "look perhaps we can strike a deal we just need a little more time"????
This may be a stretch here but possibly Tom and Crichy could be part of a "gag order'.
That could explain alot of things, such as the sudden IR change of PRs, late PR,s. That has never happened before. Why the hush hush. That was never in their character. Did we loose our great relationship with our lab or is the lab an easy way out of stalling a PR???
But until then its business as usual, Tom and Crichy head to Germany. To a financing conference when they stated publicly we don't need any money(who knows we may in the future). But the exposure will be great and inreality the institututions we are meeting with, (they wanted to meet with us, not begging here) will have to buy shares out of our pockets.
The games the big boys play is now underway!!!!
And we are holding all the good cards.
Hey , whatever we got cooking sure smells good, just don't know what it is yet.
BBOB
3 Recommendations
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