For what it is worth EPI have a look at TAM as they have been too cheap too long. Thy were 36 cents last time gold was US$740 and now have their act together. No hedging no debt and are heading for 70k ounces per year production within 6 - 12 months as they are about to get into their underground stuff (high quality) and their treatment plant is finalised by Xmas. Hell to pay if they hit an elephant. DYOR. Probably only making $200 oz after costs at the moment but at 70 oz per year will be clearing $450+ not counting where gold will be then. Is that an Elephant up ahead?
SLA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
