worst stock ever, page-13

Vayama

Re; ..."this company flagged its problems and high production costs for many months...plus it diluted shares heavily taking over IBR..."....

IMHO your assertion is wildy astray & highly misleading.

After considerable research I started buying into TMR in November 2007 on the back of company ann. that included statements of no need for extra capital raisings & cash flow would fund projects with exciting prospects, etc.

Following the takeover of Iberian it was not apparent to any investor I know that Latitude was about to dump its holdings overnight, smashing TMR's SP. Mgt explained this away as short term, I bought in more heavily & persevered along with most TMR investors. Then the 11.5c capital raising & subesquent placement to sophisticated investors with options.

Therafter HC posters began flagging TMR's problems: production costs, share dilution etc. - I never picked these up from any company ann. & in fact gained contrary re-assurance from HC on boardroom radio.

I hope TMR's prospects soon improve & I still reserve judgement on it. However, I exited the stock due to ongoing violation of my stop loss & my personal loss of confidence in TMR's public announcements.

4YIO - NFA