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Tambourah Metals Ltd T.TMB.W


Primary Symbol: TMBMF

Tambourah Metals Ltd is exploring gold and clean energy metals and has a portfolio of strategically located advanced gold projects. The Company’s Tambourah Project is located about 85 kilometers (km) southwest of Marble Bar in the East Pilbara district of Western Australia. The Tambourah Project covers an area of approximately 1520 hectares (ha) and comprises an exploration license (E 45/4597), and four prospecting licenses (P 45/2868-I, P 45/2869-I, P 45/2870-I, P 45/2871-I). Its Cheela gold project is approximately 50 km west of Paraburdoo in the Ashburton district and covers approximately 70 km of the west-northwest trending Nanjilgardy Fault. The Russian Jack Project is located about 15 km southwest of Nullagine. Its Nullagine Project is located about 11 km east of Nullagine. Its TMB Nullagine project is located about 11 km from the town of Nullagine. The Company’s other projects include Shaw River, Tambourah North, WH Sth, and Achilles Ni-PGE-Cu project, among others.


OTCPK:TMBMF - Post by User

Post by Lumberfeverlongon May 19, 2015 10:58pm
205 Views
Post# 23743212

Shutting Down Sawmills

Shutting Down Sawmills Tembec must be having serious liquidity issues if it is idling sawmills just when US Housing Starts seem to be taking off.  Lopez and the rest of his crackpot management team bet on the wrong horse and now are in no position to benfit from a rising lumber market.   It is always easy to blame others for one's own failings.  Quebec's new forest tenure regime reflects the market price for timber.  If Tembec cannot pay the market price for timber like their competitors, they simply are no longer competitive in their saemill operations.  This thanks to the complete blunder that is the Temiscamingue Cogen and Turbine Project.  Well done Jim! 
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