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Message: Talked to Crichy "president of TTM"

Talked to Crichy "president of TTM"

posted on Jan 02, 2008 07:24AM

Wow, where do I start! 

It looks like our 43-101 on the property may be ahead of schedule by the end of January if not sooner.

3rd rig;  Is sitting idol right now (on standby). Its main purpose was to 43-101 but they have almost all the information they need right now without it. At some point we may "deep" drill on both pits as it appears the grades get better as you go deeper, (exciting as the grades are terrific near the surface).

IP survey on the other area's of our property should be out soon.  That may be where the "3rd rig" will come into play.  Also a "4th" rig could become available late spring/early summer if required.

Soon we should have our own office and a marketing campaign within the next month or so. 

Directors meeting;  I believe there could possibly be changes coming on the BOD.  This change is very positive!  They need to meet again to re-evalutate their intentions. 

Share price;  Once again the company has no direct berring on the SP.  Crichy made a good point.  Last year around this time TTM was around .17 cents.  Many may of taken cap gains.  On the flip side the SP soared to over 1.50 and many likely did some tax-loss selling.  Where is goes to from here is just a guess, but it now looks like strong hands are prevailing.  Once we are a proven resouce it opens the door for different investors.

Press releases;  May come out soon, it may either be, assay's, BOD report, or the 43-101.  The last few holes that are pending are mostly holes to define the resource, not really any significant step-outs.

Summary:

The board is now looking to add directors who can bring alot of advice and experience.  We have transitioned from an exploration company to a proven resource, (but will continue to explore the property to reach its full potential).  Likely the most exciting part of the conversation was the one on one talks taking place between, " The head man of the "moly fund" and fund company who's last name is the name of the fund company".  Not with a rep but with the main man himself.  Very helpful as these are the kind of people we have to "rub shoulders" with.  Also talks with other experts who have themselves went from a "spec play to a resource play".

The timing seems almost perfect as moly supply, demand and price are very positive.  Take the time to read the "sprott moly fund pdf. resource" article to clarify.

Now my spin:  This company is in a rapid transistion period.  They want to get it right and are putting people and resources into place.  Different investors will now be approaching us as the word gets out about our company and the resouce we know have.  With our close relationship with TCM likely that will be our first candidate.  As with the cave in at endako they will need an alternative resouce rather quickly, as this problem appears to be ongoing.  TCM listing on the NYSE enables TCM to move more rapidly now.  But, it could be almost any company as we will entertain all offers first.  It is not entirely out of the question that we may develope it ourselves with a JV?

Everything is positive going forward and as Crichy stated, "the next six months will be very interesting for TTM".  Now ask yourself, "Do you think TTM will be bought out at a buck"?  If yes, then sell today!!!!!  If not hang in there.  THIS IS NOT A TRADERS STOCK!  Short-term volatility should have no bearing on your investment in this company.  Especially when the prize is almost within our reach.  Everyday that goes by the risk of investing in TTM is fading.  Proven resource due out shortly, (east and west pit).  That is not speculation that is fact the moly is there!  Further exploration pending on the arrival of the IP report. 

As always feel free to call Crichy yourself, 1-888-685-5851, this morning he answered on the first ring!  Amazing PR!!

BBOB

 

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