broken promises

Hi mining

you are right imho that TMR have not be able to fullfill it promises to date. They have been to optimistic about Armenia and have not been able to control costs at the copper project so far.

Because of the above I have not taken up the SPP but saying the above this does not mean that they can not turn this company around.

what I do like about the current management is the fact that they put a substancial amount of their own money in this company and are as much interested to see this company getting succesfull as we share holders are.

If this would not have been the case I would have sold all my shares by now.

I also want to say that the management has a good track record , something that should not brushed aside.

So sit back and wait and see if they can turn this company around with the new cash reserves from the placement and the SPP.

jojo