broker share price target 62c. now 20.5c

Just out in The Australian today.....

http://www.theaustralian.news.com.au/story/0,25197,23117433-5005200,00.html

Tamaya Resources (TMR)

BBYBuy recommendationShare price target of 62cLast traded at 20.5cONE of BBY's key themes in its market outlook for 2008 is that in the resources sector it is now super important to differentiate between companies that are managed for long-term shareholder value and those that are not. BBY obviously thinks that Tamaya is one of those better companies which is geared towards long-term shareholder value and which is trading at a discount of around 70 per cent to its discounted cash flow valuation. Latest news from Tamaya is that test work at its Lichkvaz project in Armenia supported the idea that it was lucrative for copper and zinc, as well as gold.

"The confirmation of a significant base metals content emphasises the low-cost nature of the project, with studies pointing to a total operating cash cost after by-products and royalties of approximately $US295 an ounce," Tamaya chairman Hugh Callaghan said.