Shareprice has fallen since I posted...slow retrace to low 5's imo.
I can't understand all the excitement about this stock.
The grades are high but only over tiny intervals. Also requires underground mining in a remote area. ASX announceemtns keep showing pretty pictures of visible gold in core samples..looks like ramping to me. There are also many many shares on issue...is it 1.3 billion? All this means is that TAM needs incredibly good news for the share rice to move a lot (unless the market is irrational).
A better buy would be one of the Australian gold companies exploring or mining in West Africa...their insections run at up to 60 metres at good grades. Stocks such as PRU, MDL, GRY.
TAM Price at posting:
5.0¢ Sentiment: Sell Disclosure: Not Held
