|Our Entry Price $||Current Price $||Current Return||Highest Price $||Highest Return|
|$ 0.098||$ 0.120||22%||$ 0.140||43%|
Thomson Resources (ASX:TMZ) is set to acquire 100% interest in the Webbs Silver Project and Conrad Silver Project in the New England Fold belt in NSW.
Due diligence on these potentially transformational silver assets will be completed in January, with the acquisition set to be completed in the first months of 2021.
Webbs is one of Australia’s highest grade undeveloped silver asset, while a previous owner has demonstrated an in ground value of almost one billion dollars at Conrad.
Combined, this company is acquiring over 30 million ounces of silver equivalent resources.
The company is aiming to start aggressively expanding its silver resource base over the coming months, both organically and via acquisitions.
Thomson also has complementary gold assets in NSW and Queensland that it is undertaking extensive rolling drilling programs that build on previous high grade results.
This gold drilling programme provides a significant number of near term catalysts.
Why we have invested
Our Latest Articles on Thomson Resources
|Type||Date||Share Price $||Title|
|Article||07-Jan-2021||$||Our Stock Picks for 2021|
|Article||11-Dec-2020||$||Our Latest Portfolio Addition: Australia’s Highest Grade Undeveloped Silver Asset|
Our Stock Picks for 2021
Jan 7, 2021
Our top ASX small cap stocks for 2021
Our Latest Portfolio Addition: Australia’s Highest Grade Undeveloped Silver Asset
Dec 11, 2020
We have been reviewing dozens of companies over recent weeks, scouring the market in order to find the best small cap stocks with the ability to give us long term growth - that have the potential for large % gains, just like our other portfolio picks. Welcome Thomson Resources (ASX: TMZ).