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Treasury Metals Inc. (TML.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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0.3750-0.0050 (-1.32%)
At close: 03:01PM EDT
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  • A
    André
    From the video of the 23rd of the CEO, I note in particular 2 positive elements: the mention of carrying the project for 20 years and the intention to obtain a production of 60 to 65% (and not the 40% of the PEA) of the content .
  • A
    André
    If cash is deducted, TML is valued at US$7.06 per ounce (measured and indicated + inferred). What do you think?
  • A
    André
    TML is currently valued at less than $25.6 per measured and indicated ounce, disregarding the latest positive drilling releases. The management will start presentations of the evolution of the Goliath Gold Complex project in Europe, hopefully this will lead to better valuation. Analysts have targets above 2 for a current price of 0.46 CAD, but pessimism is currently affecting the entire sector!
  • A
    André
    If cash is deducted, TML is valued at just over US$11 per measured and indicated ounce. If this is not a manifest undervaluation!
  • E
    Ethan
    Very undervalued resource as Andre states below. I own this in combination with FF.TO which has a huge resource right next door. This is a big gold district. Speculators sell gold stocks to cover crypto loses that's a big opportunity for LT investors.
  • A
    André
    UPDATE RESOURCES :
    TML has just released an update to its resources. Nothing spectacular: an increase of 9% for the measured / indicated and 48% for the inferred and overall + 17% the total going from 2.493M ounces to 2.921. However, this update is based on 41,000M of drilling so that there would remain 19,000 of the 2021 drillings for which results have not yet been received, while an additional 25,000M are scheduled for 2022. These drillings contribute to better knowledge of the deposit so that it is likely that future exploration results will remain positive. Unfortunately, they will not be considered in the PFS which is ongoing and is expected to be released in Q3.
    In its very recent presentation, TML reports a valuation of $40 per Measured and Indicated ounce for a comparative average of 147 and a P/NAV ratio of 0.30 for an average of 0.56. In the sample of 12 miners (positively oriented of course), only Integra seems even less well valued with $32 per ounce and 0.26 P/NAV. Both TML and ITRG are at the same stage of development (recent or imminent PFS), but TML already has the exploitation license for Goliath, which could at least partially explain the lower valuation of ITRG whose shareholders remain on a disappointment about the PFS just released, while those at TML are no doubt starting to recover from a February 2021 PEA which now strikes me as having been very cautious, but let's wait for the PFS....
  • A
    André
    @Chis @X
    nothing says that First Mining will keep the shares received from its sale of Goldlund! They merged two projects and the result is only slightly higher NPV but at a much higher gold price. The CAPEX is twice as high, therefore, it will be much harder to finance the mine.
    I'm not satisfied with management's assertions that the situation will improve later with exploration. I do not understand either that the analysts are satisfied with it, undoubtedly they do not want to admit that their optimism was at least premature!
    If you've been following TLM for a long time, you know it's a habit to put off improving until later. I am afraid that the share price will remain depressed for long months and make a very strong dilution of the capital inevitable. Sorry to be pessimistic, I would prefer to be positive but I think the PEA does not allow it!
  • A
    André
    TML has just updated its presentation:
    https://treasurymetals.com/site/assets/files/4209/treasury_metals_investor_presentation_december_2021.pdf
    At the current price, TML is not valued enough, it seems to me! What do you think ? !
  • B
    Brandon
    With $FF.TO giving out shares of this company in a week or two, the question I have is: is this a share worth holding onto or should FF holders sell this stock?
  • A
    André
    I come back to the last drilling results for Goldlund published on November 3 and I observe that (except for a calculation error on my part) the average grade discovered is 5.18 g / t then for the measured reserves of this mine it is 1.07 and 0.66 for the indicated reserves. Therefore, these drilling results seem particularly good to me because they reveal a quintuple grade. With operating costs a priori of the same order, the profit margin should therefore be strengthened, of course with an increase in the volume of reserves. On the other hand, the average width of the veins of 8.12 M seems to me quite low. What do you think ?
  • A
    André
    What do you think of the drill results released today?
    Management present them as good, but what is your analysis?
  • A
    André
    TML today reports strong drilling results for Goldlund. Do all these positive results published since the PEA of February modify your opinion on TML? The price is currently at its lowest, like many other mining companies! I hesitate between TML, ITRG and AUN, all three promising it seems to me!
  • A
    André
    @Chris,X I admire your optimism but I think it is not justified. The disappointment of the PEA stems from the weakness of the recovered gold of 1064M for the Goliath + Goldlund + Miller group, whereas we were expecting nearly double (lower concentration). For me, the price of TML will decrease further for a few months and I wonder how the financing will be possible without a huge dilution of the capital!
  • A
    André
    A resource update is expected before the end of March. What are your expectations regarding the current figures (Measured and Indicated 1,965,000 ounces and Inferred 528,000 ounces)?
  • s
    steve r
    Current First Mining shareholder, so happy with my TSR shares in my brokerage account today. I plan on buying more as I believe metal prices will trend upwards for the next 5 years or more. (too many reasons and explanations in a post.)
  • S
    Starr
    Big webinar today. Have you ever seen a younger management team??
  • X
    X
    21700 shares at C$1.07 average.
    I was not expecting such a price, waa eying on C$1.25, which was already a bargain to me. But now, it is a God gift.🙏 TML is not going anywhere 👌👍🏅
  • Y
    Yahoo Finance Insights
    TML.TO reached a 52 Week low at 0.16
  • Y
    Yahoo Finance Insights
    TML.TO reached a 52 Week low at 0.16
  • Y
    Yahoo Finance Insights
    TML.TO reached a 52 Week low at 0.19