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Saturday, May 15, 2021

CEO Russell Starr Buying Undervalued Shares of His Own Company: Trillium Gold

from Kerry Lutz's Financial Survival Network

Trillium Gold Mines (TSX.V:TGM — OTCQX:TGLDF) CEO Russell Starr is always in search of value, which explains why he’s been buying shares in his own company, Trillium Gold (sponsor). He stated, “It doesn’t get much cheaper than Trillium.” In the longer term, he believes that value always wins out.

At present the company has two drills turning and is in the process of adding a third. It’s awaiting the assay results from 5000 meters of core. Russell is frustrated by the assay lab backlog that has plagued the industry with lengthy delays. However, he expects the release of Trillium’s drill results to be imminent and that the stage is set for the Newman Todd Project to deliver some excellent numbers..

It is often said that management may have many reason to sell its shares, but it only has one reason for buying them. As shareholders we believe this will hold true for Trillium.

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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3olbBuh