Canada markets closed

Treasury Metals Inc. (TML.TO)

Toronto - Toronto Real Time Price. Currency in CAD
Add to watchlist
1.2800+0.0100 (+0.79%)
At close: 4:00PM EST
Sign in to post a message.
  • A
    André
    I do not understand why this mine containing 2M. ounces of gold would only produce 1.2M (100,000 for 12 years)! There is no 40% non-recovery?
    "In the fall, Treasury Metals estimated their Goliath and newly-acquired Goldlund properties at Thunder Lake east of Dryden had about 2 million ounces of gold, and a mine should be able to produce about 100,000 ounces a year for 12 years."
    https://www.drydennow.com/local/wyeth-talks-about-gold-diamonds
  • 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
  • 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
  • K
    Kevin
    Any new news out on this one? Any timelines for production?
  • Y
    Yahoo Finance Insights
    TML.TO is down 13.64% to 0.19
  • B
    Bucky
    U.S. OTC traded shares are under the symbol TSRMD and the share price reflects a 1 for 3 reverse split.
  • Y
    Yahoo Finance Insights
    TML.TO is down 8.82% to 0.16
  • A
    André
    Yesterday's publication of good drilling results and favorable article by Bob Moriarty under this link:
    https://www.streetwisereports.com/article/2018/05/30/treasury-metals-drills-into-a-gold-treasury.html,

    but the price is currently losing more than 8%.

    What do you think ?
  • A
    André
    In my opinion, to appreciate a mining, is essential the examination of its costs disbursed and its total costs of maintenance, because these producers have of course no power on the selling prices of gold and silver and must sell their production regardless of these prices.
    In its March 8, 1917 publication, the Company reported estimates of $ 518 / ounce for cash costs (CAS) and $ 566 for total maintenance costs (AISC).
    According to a study published by Adam Hamilton on March 15, http://www.321gold.com/editorials/hamilton/hamilton031519.html, for the thirty most important mines, the average CAS (after exclusion of 2 extremes) is 598 $ and average AISC of $ 837.
    In this respect, TML therefore supports the comparison very favorably, especially for the lower AISC of 33%, and all the more so because
    - the PEA figures are those at the end of June 2016 and do not include positive drilling announced subsequently, the inclusion of which should lead to a decrease in the CAS since the latter includes a lot of fixed costs to be spread over more ounces .
    - it is likely that the deep resources (undiscovered and around 1500 m) are of even higher content.
    - It is well known that most miners are starting to have great difficulty renewing their reserves, which will increase their CAS and AISC and make the comparison even more beneficial for TML.
    The news of some mines in "less stable jurisdictions" shows that another important factor is location, but no problem in the case of TML.
    Let's just hope that the expected federal license for the 2nd quarter of 2019 will be waiting for you without delay!
    I do not know if TML is interested in other mines, I guess it must be done in discretion and this is not seen in the stock price remains depressed to CAD 0.30.
    I look forward to reading your comments and considerations.
  • Y
    Yahoo Finance Insights
    TML.TO reached a 52 Week low at 0.19
  • Y
    Yahoo Finance Insights
    TML.TO reached a 52 Week low at 0.19
  • K
    Kevin
    Any news out there to explain this strong push? Went to their mine site yesterday but didn’t see any activity that would cause the excitement seen
  • A
    André
    What about the search for a new CEO?
    Wasn't Greg Ferron fit to lead the development phase of an integrated Goliath-Goldlund project?
    What should be understood by appropriate CEO as stated in the release?
  • X
    X
    3 large insiders boughts in TML yesterday friday, june 12
  • A
    André
    TML still publishes good results of its exploration in Goliath (in indifference it seems - but it is derisory compared to the sanitary situation).
    https://finance.yahoo.com/news/goliath-drilling-continues-intersect-high-050000438.html
  • Y
    Yahoo Finance Insights
    TML.TO is down 9.52% to 0.19
  • M
    Mark
    Picked up more shares on the silver and gold pop, it looked a little lonely. Looking for the fall going into next year. Eventually this one will pick up a good head of steam... have cheap shares handy for when it does later!