Trueclaim Exploration (TRM, TSX-V) is making significant progress at its Scadding Gold Property near Sudbury. Results released during the day Friday show the company is beginning to “connect the dots” at the former producing Scadding Mine.
One of the South Zone holes released Friday returned an impressive 5.36 g/t Au over 15.78 metres. Tonight, Trueclaim President John Carter (from the PDAC show in Toronto) discusses the significance of Friday’s results in an exclusive interview with BMR. Click on the link below to listen to the 17-minute discussion:
BMR March 6 Interview With John Carter (TRM)
Trueclaim closed Friday at 19 cents on its highest volume (1.4 million shares) in nearly two months.
Note: The writer and interviewer does not currently hold a position in Trueclaim Exploration. Please read our disclaimer. Trueclaim Exploration paid no fee or compensation of any sort for this interview in accordance with BMR policy.
Nice interview Jon. John Carter is getting very excited about the potential at Scadding. Seems to be a very interesting situation and has potential to turn into a home run. After listening to John I might pick up a few more shares in TRM. Seems to be so many interesting companies at this moment on the verge of breaking out.
Comment by Patrick — March 7, 2011 @ 2:41 am
Hi John,
I own a good chunk of TRM.V for some time now. My question is, if they do find a connection between the south and central zone, can we expect a breakout?
I am pretty impressed they found mineralization in all holes thanks to their high tech drilling (using 3d modelling and xrf). What are your honest opinions on the long term (1 year) share price target on this? I already own this and some insight will be helpful. Thanks
Comment by Richie — March 7, 2011 @ 9:35 am