Toscana is a very small company with a market cap of $5M or so. TNR.V is now trading at $0.43... And in my opinion is undervalued based on the potential of its property in Guyana.... We should have news real soon on a new set of trenches on the Takatu property as well as possible initial exploration results on a new property North East of Takatu, the Taputu property. Drilling is starting in october-november at Takutu. Equipment is currently being mobilized.. The company has been doing surface exploration for more than 9 months now, and you can bet that they know where to drill. Several drill holes and trenches have returned excellent gold grades over a area of 600m by 300m. The potential is truly for 1M ounces of gold and above.
But the big kicker for TNR remains the Argentinean concession they are
seeking. The lastest news on that is that TNR is the 1st place bidder just ahead of giant Inmet. This concession, if TNR gets it, will provide ammunition for 10-bagger+++. It is next to the big Alambrera deposit that made the success of International Musto a few years ago.... I understand, that the announcement on the successful bidder could be made any day now.... Make sure you own a piece of TNR...cause if they get this property....it's gonna fly...no matter what the markets are doing. And if they don't get it....well we will just have to wait for the Guyana pay off.
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