TON – Triton Minerals | Aussie Stock Forums

Hi Noirua ….. you seem to own this thread to date with no comment from anyone else. So thought i would throw my two bob in.

Thanks to you i came across TON and did a bit of research a few weeks ago. I like their range of projects as they all seem to have a lot of potential. I have bought some heads and also some oppies. I bought the heads a little high when it looked like TON was going to make the break over 25c. I still feel comfortable at present though. Some good news and i get the feeling it could run up fairly quickly which it being a fairly tightly held stock (approx 48M tradeable shares on offer).

A few points from their recent presentation:

* TON commenced trading on ASX on 14 Aug 2009

* Cash reserves in the bank of $6.2M at 31 Aug

* One of the largest prospective gold positions in the Albany-Fraser province of Western Australia

* Potential for early gold production, low cost risk to decision (Commencing Scoping study to assess Windarra Tailings and potential for early positive cashflow)

* Albany-Fraser projects (located within the same mineral belt as the >5Moz Tropicana deposit) is an immediate focus for exploration

* Early days for Salmon Gums project but looks VERY exciting compared against the Anglogold-Ashanti Australia’s Tropicana deposit in terms of soil sampling Au values (Salmon Gums peak values of 236ppb at Lady Penrhyn, 179.6ppb at Sirius, 66.2ppb at Charlotte, 35ppb at Fishburn & 31ppb at Alexander Peak vs. Tropicana peak value of 31ppb Au)

* Fraser Range, Sunday project also exciting projects

* Strong mid term project of Tushtena, Alaska with high-grade rock chips and high-grade diamond drilling intersections in early drilling (results appear to support world-class mineral system potential)

Good luck to all holders ……