TIR titan resources limited

widgiemooltha drill this month

  1. 749 Posts.
    Titan's announcement earlier today of its upcoming drill programme might be just the thing to get the punters' attention.

    The McEwen prospect sounds patrticularly interesting with the company keen to explore the tantalizing intercepts of massive sulphides from two of the holes recently drilled. If higher grade nickel deposits are confirmed as hoped and a long term income stream assured, the company's market cap of around 13c per lb Ni (already low relative to competitors) begins to look very cheap indeed.

    Nickel is in short supply, the company is cashed up for further exploration (hence no fear of dilution to fund it in the medium term) and the chart is poised near the key resistance level of .31 cents. An interesting time to be holding. Now for the drill results....

    Good luck to all. Conduct your own research.



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