The confirmation of the sale of La Currita,is very positive.In this market,many juniors will go broke.This was my fear for TRGD due to it have many properties,though some are wholly owned.
TRGD has fine properties-that is likely to be our salvation.2 properties have been bought,maybe cheaply,but sell mining property in this market.Most difficult.
We have $2.75 million coming in over 2 years,for La Currita.That is great.I asked Rich about Don Ramon and he simply said,no future comments till it is mining and receiving money.Such news,hopefully will see an increase in cashflow.
You know,any 'cleer' property acquirer,could do very well in this market:We have that acquisitorial ability but not the cash for cashflow we would like.
I do not have much idea of TRGD's value now.I know I too have taken very painful losses.I am in for the ride as it eventuates-no point selling now.
I am not happy,I admit.But rubbishing TRGD /Rich does not seem to have much point,but to maybe lower the shareprice ,if that is possible!
I am a real money man-gold and silver.Gold has held up well,but both gold and silver have been hit by massive short selling by Goldmann Sachs and JP Morgan-in both cases,technically illegal but so much happening in the USA in the last few years smacks of deficiet and high level corruption-wlecome to plutocracy gone mad.
If gold and silver rise strongly,at some stage,common seme says such should affect the juniors-at some time.It is just that hlding the real metal allows one to sleep better.
AI
