dr Dan. you are deluded. The average gold grade they state in the last Annual Report is likely a crock. Check it yourself. Coyote open pit average is 7.2grams gold per tonne...page 4 2006 Annual Report to shareholders What has the gold plant been treating... 1.18 grams??? Big difference right?.. have they been throwing the gold on the waste dump and processing the waste?
The operating costs they talked in feasibility are a nonsense.
Look at all the dilutive capital raisings and all the assets sold (including a sensational investment in Deep yellow uranium). TAM shareholders shud have got Deep yellow scrip and bulleted TAM scrip.
The shares deserve to be half the price of a year ago imo.
Only ones making $$$ on TAM is the directors.... How do i get a salaried job like that for life!!! Exec Chairman dragged out a lazy $464,993 last year up from $270,665 the year prior. What was the performance metric used to justify the increase??
Good luck to those that trade it, i'm not taht smart.
Amazing that shares have rallied on an announcement mining will recommence. Huh. Must be a bull market. LoL.
TAM Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
