Tertiary Minerals Share Discussion Threads

[jlondon] 21/5/2024 10:53

---TYM KONKOLA WEST DRILLING UPDATE, TUES, 21 MAY 2024.
The RNS stated that 1,023m depth has been hit and drilling will continue till mid-June 2024. So, the RNS is now out.

--To understand the RNS, one would have to have done extensive RESEARCH into the STATIGRAPHY of the nearby and in particular, Kobold's nearby Mingomba discovery. That word Stratigraphy was mentioned from recall of the RNS today?. When an RNS hits, it is far too late to scramble to decipher as the work takes weeks and so many layers to read thru. J.London, Tues, 21.5.24

Suffice to say, I have now read Twitter and both TYM stock forums re: RNS so I have the wide range of views. But I do NOT hold those views. Why? As I said, I shared the detailed RESEARCH on this forum etc and did NOT hold back on any data. However, I cannot give any forward guidance [RNS does NOT give forward guidance] given the RNS has been very well written.

The SHARE PRICE after the above TYM RNS on Drilling Update does appear to indicate that the rise is nice but has NOT reflected any deeper insight.

[highrisk1] 21/5/2024 09:26

Volume 62 million now.

[the count of monte_cristo] 21/5/2024 07:30

The potential risk rewards here are huge, the negative sentiment hangover from previous years is holding this back. Things have changed significantly though. Zambia is THE place to be for copper exploration.

[highrisk1] 21/5/2024 07:27

Volume 20 million already.

[highrisk1] 21/5/2024 07:27

All markers hit so far, can't get better than that.

[highrisk1] 21/5/2024 07:04

0.1375 being paid.

[argyle underclap] 21/5/2024 06:54

“Expected key markers hit”

Positive developments.

[highrisk1] 21/5/2024 06:42

Very encouraging news today, and already over 1000 meters.

[the count of monte_cristo] 21/5/2024 06:35

'IF' they hit mineralislisation then;

a) this ore body is only going to increase in size and scale
b) one would expect KoBold would want to take us out, at some point, if they see what they like

[the count of monte_cristo] 21/5/2024 06:19

Confirming the same stratigraphy marker horizons - what I was looking for. So far so good.

Also, before any 'critics' start their negative posts about the depth, they should first research the ore body. Please read this report;



$2 Billion Copper Mine in the Lobito Corridor Could be the Largest "Discovery" in 100 Years in Zambia

KoBold;

"The ore bodies at Mingomba are around 4,000 feet (1,200 meters) below the surface making drilling holes and mine shafts time-consuming and expensive. In the best case scenarios, it takes three months to construct one hole and it takes dozens of these to define one resource. KoBold has made progress in concluding some of this drilling and is why it is now seeking strategic and financial partners to take the mine development forward".

[lekka] 21/5/2024 06:05

Positive RNS today

[argyle underclap] 19/5/2024 21:24

Good post on lse. Copied here. Thanks and I hope u don’t mind. I found point 2 particularly interesting


Near Term CatalystsToday 11:57
1. The drilling at Konkola West by KoBold Metals. The first drill has now been in progress for just over a month. At a rate of around 20 meters / day (confirmed from photos of drill core) they could be between 650-700m deep. We don't know how deep the target area is in that area.

2. The new Joint Venture agreement with Zambian partner Mwashia Resources for three of the licenses, Mukai, Mushima North and Jacks Project. Once the ownership of the three licenses has been transferred into the 'newco' then they can activate the shareholder agreement and could potentially be in a position to proceed with any JV's with other companies on those licenses. At the moment the three licenses are 'pending transfer' in the Cadastre website (but bear in mind that this may not be up to date yet). Tertiary has previously stated in an RNS that they have had interest in several of these licenses "from major mining companies". In my view the whole reason for this re-jigging of the license ownership is because they expect to execute a JV on at least one of these three licenses once the 'newco' has ownership of them.

[argyle underclap] 19/5/2024 12:57

when the bull run comes copper stocks will be in the leading charge.

and £3M mkt cap for stocks like this - WAY down memory lane.

[highrisk1] 18/5/2024 11:36

Yes very tiny, we should be close to 20 million.

[the count of monte_cristo] 18/5/2024 07:31

Market cap now 3m GBP, tiny.

[highrisk1] 17/5/2024 15:33

No stock, next week should be very interesting.

[highrisk1] 17/5/2024 14:09

Drilling news soon, should be approaching 700M now.

[highrisk1] 17/5/2024 14:07

Yes they will take millions of you but not much quantity available to buy.

[not guilty] 17/5/2024 13:22

Not many shares about as I can sell loads, with only 1m available to buy. A bit of good news and we're off.

[highrisk1] 17/5/2024 07:33

Charts looking good again and with drilling news expected next week, I think we are in for another whoosh.

[highrisk1] 16/5/2024 08:37

News most likely next week, best time to get in now.

[argyle underclap] 14/5/2024 11:09

Low volume today. Cool. That’s fine.

It is, perhaps, indicative that placing stock flippers have now largely dried up.

With the bid at .12 surely they’d be legging it with 50% profit on the table.

[lekka] 13/5/2024 08:28

Way too small, Count! (the image I mean)

[the count of monte_cristo] 13/5/2024 08:21

Works fine for me

[highrisk1] 13/5/2024 08:15

Count, your image is not working.