It has been an interesting week for several of my puppies.
First Tinka came out with some amazing zinc intersections that confirm their understanding of a new type of extremely high grade zinc mineralization at Ayalwica. If they can find more examples of this new mineralization, as they expect to do, this will lead to a major increase in the resource. As a result, the post financing doldrums in TK's share price is now over.
Then Sandstorm released the PFBS for Hod Maden, and it was even beer than I had expected. Production is supposed to begin in four years, but I expect them to convert their holding to some kind of a rotalty stream to match their business model long before that.
And today Regulus announced an upcoming property purchase and spinout of a new company to hold that property and their current Argentinian assets. This management team has made me big money first with Antares and now with Regulus, so why would I not expect the new vehicle, Aldebaran Resources, to do the same?
Have a good long weekend everyone.
LC
