Where is everyone. The junior market is quiet and dried up. You need 100% AU all the way down the hole to get a rise out of anyone.
The boutique trading houses in the states aren't even meeting with juniors...not even to talk about PP's. They are either in cash or large caps. This will probaly last until start on 09.
Good time to load up.
MB is definately the company maker here. Ajax will have Infill drilling done and then if warranted...scoping study...pre-feas.....feas...etc. . Maybe it will be JV'd or sold. Maybe TCM will scoop them up with all the cash they just raised. They are going to spend about 1m there and about 2.5m at MB. MB has 7 holes finished and 3-4 are in the LAB..New LAB this year....yeahhhhhhh. The new lab promised 2-3 week turn around time and at least it is in Thunderbay and the core doesn't have to go all the way to BC. The drills are probably going to stay all summer and should be enough drilling for a 43-101 in first quarter of 09. The institutions and analysts seem to be looking at only the large, high grade, surface grade properties (makes sense)...low lying fruit. They like TJS's location ( jurisdiction, deep tide water, ice free cove ..... DOG cove ??? easy topography and 70 km to electrical. Long extension cord eh !!!
Good things all around.... Record date of the PNL spin out may be set soon. PNL trading above 20 cents with a 43-101 and a drill program is a nice bonus. About 1 share for every 5 TJS shares including the recent PP. Was told that there aren't many 1 million + ounces gold properties in Canada of which PNL is.....
I think it is a steal down here. BUY cheap and wait it out. Also was told to check out Creston.....a high grade deposit in Meh-eco. I love Tequila. TTM has been holding up as well. Was told it was a good property.....could be a buy out situation.
That's it for now. Let's get the chit chat going. SH is a pain to read.
