worst stock ever, page-43

From a post made by me on 9th. November last year after a lot of work digesting what was being released by TMR:

"There is a trend in place and TMR has for some time been going down even when other stocks in its sector have been rising.

There are any number of possible reasons. Here are two. I have posted on this topic before.

1. Sharply increased copper production cash costs for the September quarter when a reduction in cash costs for the quarter was predicted in the June quarterly. What is worse imo is the September quarterly seems to indicate that this increase was expected!

2. In view of this nasty surprise I am now wondering what is going on with the Lichkvaz Gold Mine development. IBR apppears to have had serious issues, producing just a few thousand ounces of gold. So is all going to plan for TMR? Or is this burning cash?

With the share price in downtrend, do we want to hang around and possibly risk more bad news?

.... when we find out a nasty surprise like "C1 cash costs increased 21.4% to US$ 1.77 per lb payable cu" for the September quarter in the September quarterly when we were expecting costs to decrease based upon what we were told in the June quarterly and then are told in the September quarterly "The reasons for this increase are reduced mill throughput, and a lower head grade. Both factors reflect preparations for the effective move to 3000 tonnes of ore throughput per day and are not a long term phenomenon" some of us ask, "What is going on? How does that explanation reconcile with us being told that cash costs would decline in the September quarter?..."