Thoughts on tmas.cn?

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Asked on January 5, 2021 4:30 pm
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HI there,

This is a newly listed exploration and development mining company that listed on the CSE back in the summer. The company is exploring for iron, titanium and vanadium at its two properties - DAB and La Blache property.

It has done quite well since it listed, but there is little information to go off of here. It doesn't generate revenue (not surprising as its an E&D company) but there is also no timeframe or project plan. I can't really give much of an educated opinion here as there is very little information. Microcap mining companies are a dime a dozen, which is why I prefer those which already have a proven business case, and are in the construction phase and closer to production. There is considerable risk with a company like TMAS and I'd expect the company to be highly volatile.

Mat

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Posted by Mathieu Litalien
Answered on January 6, 2021 4:39 am