TAM 3.33% 3.1¢ tanami gold nl

significant assays received from coyote, page-9

  1. 8,284 Posts.
    lightbulb Created with Sketch. 890
    agreed - everything's stacked against it: size, complexity, high cost per mining unit, rising fuel costs, labour shortages, geographic isolation - current management is just the coupe de grace.

    Struggling and failed gold miners are an interest topic of mine. Narrow-vein and/or high nugget orebody miners weigh heavy in this category - Norseman is a good example.

    IMO these orebodies make good satelite deposits - much higher risk if supporting an entire operation. Unless the gold price sky-rockets off the scale - I don't see much hope of success.
 
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