TMR looks like an outstanding growth story developing. 1....

TMR looks like an outstanding growth story developing.

1. Firstly TMR’s chart looks outstanding, with a breakout from the November to July trend channel.

2. Top Management with senior experience at companies like Rio Tinto and Normandy.

3. TMR is producing copper profitably in Chile, expanding production and reducing costs. It is unhedged. 2008 production forecast is 26-28 million lbs. At a cash cost of around US$1.00 lb. An acquisition in Chile announced to the ASX on 5th. July has doubled TMR’s copper resources there ... plus added great exploration potential.

4. TMR also has great gold prospects, like in Armenia, where TMR is looking at starting up production with 100,000 ounces gold plus 500,000 ounces silver in 2009. Armenia is ranked ahead of France, Mexico and China by the World Bank on an “ease of doing business.”

5. The gold resources in Portugal also have plenty of upside – currently a JORC compliant 930,000 ounces. TMR aims to increase these resources to 2 million ounces.

Best to check TMR's ASX releases. An outstanding international growth story is developing here.

Unlike an Australian company that yesterday and today has been punished by the market, you won't find that TMR has given away any large chunks of equity in its projects for some drilling dollars.

TMR has been successfully financing its development and exploration.