.jpg)
Here we highlight one such stock, TNR Gold Corp.
Still a penny stock, TNR Gold Corp (TSX-TNR) (currently trading at .18 cents share) is certainly a speculative stock. Having said that, I believe TNR is a sleeper in the junior mining space.
The consolidation and M & A activity over the next year, in the junior mining space, coupled with the drive for copper, gold, lithium and Rare Earth properties, by the larger players in those spaces, makes TNR a juicy morsel, if you are so inclined to speculate (which we have - long TNR)
(Below - Mariana Lithium Project, Salta, Argentina )
Alaska
1. Shotgun-Winchester
2. Iliamna
Canada
See below
USA
see below
Ireland
see below
Of significance for TNR, and for investors, is TNRs propensity to seek out promising properties in a number of precious metals such as Gold and Silver, as well as copper which are all in demand.
Their Lithium and rare earth properties are certainly well positioned to take advantage of the second leg of the lithium boom which is still in its infancy.
The fact that TNR is spinning off a wholly owned subsidiary to develop its new gold property at Shotgun Ridge, Alaska (Amerigold Inc formerly Briston Explorations Inc.) is another indication that TNR intends to increase shareholder value. (Subsidiaries can be acquired by larger players who may be interested in the property)
Another case in point is TNRs spinning off of International Lithium Corp (ILC) to increase shareholder value in its lithium properties in Argentina (lithium brine properties) and in Nevada (lithium clay properties).
Shareholders will actually own this company if they already hold TNR shares as TNR will issue 1 share and 1 warrant of ILC for every 4 shares of TNR stock held by shareholders at the time of the spinnoff (which is somewhat behind schedule at this writing, but expected in the New Year).
Fish Lake Valley,
Mud Lake
and Sarcobus Flats.
They are all good prospects for lithium extraction.
TNR also has a large, lithium pegmatite property in Leinster,Ireland as well as 5 lithium and Rare Earth properties in Canada which also show great promise.
The Canadian properties are at:Mavis Lake, Moose 2, Big Beaverhouse, Niemi Lake, and Forgan Lake.
.
TNR Gold has 8 mining claims and projects in three provinces of Argentina, operated by TNR's wholly-owned subsidiary, Solitario Argentina S. A. ("Solitario") (See above)
TNR's Eureka project is located in the Jujuy province while the others are located in San Juan and San Luis provinces. The map does not really do justice to the large gold and copper stakes owned by TNR and operated by SAS.
TNR Gold Corp trades on the Toronto Venture Exchange, (TSX.v) under the symbol TNR.
It also trades in the U.S. (pink sheets) under the symbol TRRXF.
For more information, you can visit their website at:
TNRGoldCorp.com
Stock price: .18c
Market cap 22.6m
