Monday, August 15, 2011

TINKA Resources TK.V / TKRFF Update

It’s time for an update of Tinka Resources. Again, let me make myself real clear. I am in no way affiliated with Tinka. I am not a promoter of Tinka nor was I. If I was, I would have made a shit ton from .15-.73, and I would have dumped millions of shares, and you would not have heard from me again, b/c I would be on a tiny little island, being fanned down and fed grapes by 10’s. I simply am offering more information to this company and its potential. If anyone thinks that Tinka is not a good company to invest in, please, state your case. Always consult a licensed broker or financial advisor before making any decisions about inventing in these companies, or anything else offered on this educational and entertainment blog. Disclaimer: I am long Tinka.
Okay, lets get to the good stuff. The great news is I have confirmed we will be getting a revised 43-101 within 100 days, so that takes us to say New Years Day give or take as my target time frame, which I have been touting as our day of celebration for both the POS, and Tinka, hopefully. Within this 43-101, they will be dropping the infill drilling of 30 g/t down to 15 g/t, automatically making it a 50 million ounce resource. This is without ANY additional holes drilled. So let me make this clear. The resource will double without turning another drill.
On to the holes now. They should be turning hole 4, if not done with it. What I would like to talk about is hole 2 and 3 in particular, b/c these might get real exciting, really soon. For instance, hole 2 noticed from 0-90 m that they are going in and out of zebra sandstone ALL THE WAY DOWN. We were told that what lies in the 90-200/300m will make or break this hole. So far so good.
Hole 3 is the most interesting hole as the rig was moved down on the fault. We are under the assumption that they have located, or are trying to locate the vent. And the whisper is that this hole was churning out 200m all the way down of copper.
Other whispers which I did not completely distinguish, was a 70% sphalerite with associations of GELENA. If you don’t know what galena is and what is usually found with I’ll give you a hint: A shit ton of silver.
Other Whispers include a 140m of lead, zinc, and copper drill. And something about a 20-30% zinc something. If thats vague well so be it.
All in all, I’ll go ahead and say it. If you are not familiar with the Kidd Creek Mine, I suggest you start looking into it, as the word is, Tinka is starting to look like its clone.
Again this can go to Zero tomorrow, or can go to hero. Ultimately, you make your own decisions.

Right now someone wants to buy 200K @ .475 as shown below


The TA guys will tell you this is starting to wedge, and maybe at the point of the wedge we will see an NR soon and hopefully send this back into the .70's and on its way to new highs. Be patient. I am using this as potential Christmas bonus surprise time frame.


22 comments:

  1. Every exploration company I've invested in had an exciting story. Only one came through for me. In total it's probably been a wash for me. I think exploration companies are for the experts only, as they have a chance at deciphering all the info. I don't mind the risk so much but would rather buy options on profitable mining shares for that high risk portion of my portfolio. Just my 2 cents. Thx for all you do sgs.

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  2. Timing is everything. Risk can be subduded with decent timing. But timing is something you need to gain experience with over years of gains, and years of losses.

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  3. From Zerohedge.com

    Guest Post: Breaking The Silver Manipulation Barrier

    http://www.zerohedge.com/news/guest-post-breaking-silver-manipulation-barrier

    (for the idiots that haven't set zerohedge as their home page)

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  4. @Silver Monkey...

    g/t means grams per ton.

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  5. I'm trying to learn here. Can you explain how dropping the infill drilling of 30 g/t down to 15 g/t will double the resource? It seems like that should cut it in half.

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  6. MH said, "I'm trying to learn here. Can you explain how dropping the infill drilling of 30 g/t down to 15 g/t will double the resource? It seems like that should cut it in half."

    Yes...I too am wondering how this doubles.

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  7. @ Highrise408

    I gave up on the Zerohedge article when I got to the part about the new Hong Kong Exchange. The main owner (behind the scenes) is a Russian company and guess who owns the Russian company..... Rothschild.
    Guess who is a Rothschild's bag carrier.... JP Morgue.

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  8. sgs, i bought my first 12k shares in feb...traded in and out for profit...my holdings are more than doubled....i'm with you zero to who knows....my good money is stacked, this is my gambling money...one must not care about losing if one is to win...i will go on halfs on that island with you...but it might sink under the stacks...

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  9. Thanks SGS, here's a toast to going to hero.

    OT, anyone looking at DML, U, or any other uranium equities these days?

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  10. Gold climbing, silver falling. Gotta love watching pure market manipulation with your morning coffee.

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  11. > Within this 43-101, they will be dropping the infill drilling of 30 g/t down to 15 g/t, automatically making it a 50 million ounce resource. This is without ANY additional holes drilled. So let me make this clear. The resource will double without turning another drill.

    Could you clarify what this means? Thanks.

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  12. Tinka is worth $2 now with the existing 43 101 If it moves to 50 million ounces the stock goes to $3 bucks. The other findings you are referring to is the blue sky. A 50 million ounce find at current silver prices will not go to zero. Only an idiot wouldn't be buying the shit out of this play.

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  13. But... but... I'm an idiot and I'm buying!

    ;)

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  14. How will the yield double to 50MM ounces if the efficiency drops in half from 30g/t to 15g/t?

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  15. The yield doubles. Right now they count all the rock that has at least 30 g/t as profitable. They are going to now count all the rock that has at least 15 g/t as mineable. They just tripled the amount of rock that is economical. Therefore they potentially doubled the resource.

    Icarus

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  16. Thanks Icarus. That makes sense how you described it.

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  17. I think I'm going to wait for one more plundering of the markets by TPTB before loading up on Tinka. Unfortunately, I should have pulled the trigger last week. There's no way I'm going to buy some today after it went up over 12%.

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  18. With today's current price of 39.72 in SIU11, it broke out of a small wedge. If it manages to hold gains through the night sessions, then that move should take us to 40.40 then up to challenge 42.295. Then up to 44-45. Time frame is currently unknown.

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  19. Looking at Dec. e-mini (ESZ11). The bounce taking place will most likely take us to at least the Fib. 61.8% which is at 1243.03 If we get there, chances it will have enough stupidty to push it up slightly past that. But, I am not going to pick the top of the counter trend rally. At 1240, I'll start getting prices on put options. Currently, Aug. marks the lowest level for 2011. August has only marked a yearly low twice since 1960, so the odds of going back down are quite good. An Oct. yearly low is what I am looking for. If we crash, my target is 1019.63.

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