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Source: www.theage.com.au/news/businessExcerpt from Article:...

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    08/08/07
    14:55
    Post #: 2694894
    Source: www.theage.com.au/news/business

    Excerpt from Article: "Gold bull puts the wind up miners with $US1000 call"
    Barry Fitzgerald
    August 7, 2007

    Tanami Gold NL has been doing it tough at its Coyote gold project in WA. But there looks to be some light at the end of the tunnel, giving executive chairman Denis Waddell the chance to spread the good news.

    In a day when all around it were shedding value, Tanami managed to hold steady at 12¢ a share after announcing the mine was finally on song, with rising ore grades and recoveries. The mine has had its best fortnight yet, and its charge to something more than 50,000 ounces a year now looks likely some time in the new year, when the ore grade is expected to be a forgiving 12 grams of gold a tonne.


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