SMM 12.5% 0.4¢ somerset minerals limited

Yes, sorry I will admit I was wrong to get caught up in their...

  1. 928 Posts.
    Yes, sorry I will admit I was wrong to get caught up in their campaign, no more from me. I must say they are showing great spirit and fight for IBR, just going about it in an unprofessional matter.

    5 key reasons why Tamaya is an excellent investment
    �� Market Capitalisation ~A$250m after completion of Merger
    – Undervalued – does not reflect asset potential
    – No capital raisings planned or forecast
    �� Growing Production from Chilean Copper operations
    – Daily Throughput of 1500tpd set to reach 3000tpd sulphides by
    December 31st 2007
    – Oxides feasibility study underway – potential for additional low cost
    copper production
    – Sulphides production at 26 - 28m lb of copper in 2008 at costs
    trending to US$1.00/lb
    �� Growing Cashflow from Chilean copper operations
    – EBIT for the March 2007 quarter of A$5.5m on plant throughput of
    1250tpd
    – At a rate of 3000tpd production from 1st January 2008, this will be a
    140% increase on the level of production in the March quarter, and
    with a lower cost base driven by economies of scale and ongoing
    metallurgical improvements.
    �� Armenian Gold Operation to be developed
    – Lichkvaz-Tey orebody has a resource inventory estimated at 1.4m
    equivalent gold oz’s – we believe there is potential for 3m
    equivalent gold oz’s
    – Advantages of grade, size and location to support development
    later in 2007


    why is every single hot copper thread full of people abusing each other instead of focusing on the stocks. It quite pathetic really, no wonder i dont come here often.
    as to those downramping tmr:
    why the hell would all the directors be buying up stock at prices all over 20c? over 1.3 mill $ worth the directors have bought n the past 3 months. Or is that just an oversight on your behalf? or i suppose you are gunna say that they will short them.
    seriously if you dont like a stock, go and talk about one you do like, or give a real reason why the stock wont perform
 
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