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Tamerlane Ventures Inc. V.TAM



TSXV:TAM - Post by User

Bullboard Posts
Comment by CalifDreamingon Jan 31, 2008 11:35am
354 Views
Post# 14296598

CMM vs TAM

CMM vs TAMAgreed. CMM's Lamaque mine does indeed sound promising - the most promising project they've ever had. As for "being in production", that's a bit of tongue in cheek isn't it? CMM won't get to full production for at least another 18 months and won't be cash flow positive until end of this year. If the market could only trust CMM to concentrate on Lamaque and not go off on more wild goose chases (as been PK's want), their share price should do well. Unfortunately for CMM, Q4 will simply be horrendous due to the $19MM write off from the deferred stripping and the write off coming from the Sigma Pit closure. Once CMM bitest the bullet and gets the write downs out of the way, I will be a buyer as CMM will have clear upside.
Bullboard Posts