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Message: Update

TTM has enough money to continue on with 1 drill till next fall if need be. They hired a new geologist as Warren is way to busy with the government and first nations. They will not need to grind to a halt. There appears to be more interest in TTM in the last couple of weeks, no doubt some companies are bottom feeding.

We are rather fortunate that with little dollars we can continue on to get this "project ready" like Crichy said. Keep in mind that we are now around 49K shares and dropping.

As far as Sprott moly it appears you can draw almost any conclusion from that PR, but it does look most likely they may just wind it down. Don't know how many shares are owned by the moly fund, but as of the Sept 30th MLY report we were 1.62% of MLY's assets. I know they were under 10% or less than 5 million shares, and also don't know since September if MLY have sold any TTM shares already.

As far as many longs selling their positions no doubt some may be. Pretty hard to liquidate as the people I am associated with on 3 boards hold about 6-8% of the outstanding shares.

Our SP of .16 cents is a reflection of the overall markets and not TTM specific. All TTM can do is concentrate on the things they have some control over. Moly fundamentals in the mid-long term have not changed in fact with all these mines shutting down and project delays/postponements will no doubt increase shortages later.

If we want to get some discussion going here then how about this: If you were the CEO of TTM right now what would you do???? I will give you my answer first it is simply. "what they are doing right now"

BBOB



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