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Tamerlane Ventures Inc. V.TAM



TSXV:TAM - Post by User

Bullboard Posts
Post by mat_hogon Sep 12, 2008 11:15am
668 Views
Post# 15451579

Buy low and Sell high

Buy low and Sell highI just can't believe the selling pressure, Zinc is only a few cents below what would be breakeven for Tam, and Lead is above by a few cents. The negative metals outlook is misguided IMO, as China still has not lifted their polution ban (something about the Para Olympics which concludes on Sept 17th). IMO China has thrown the analysts a curveball, as well as some manipulation by the US gov, and I think we will see a strong end of year. Tam at or near lows is when you should step up and buy, the bearish points are disappearing, but are Financing (dilution and or if they can even get loans), Permits (already have land use which allows construction and public meeting coming up for Water permit), Zinc and Lead prices (40% off of highs and slowing global growth), and last Management (messed up first BFS, raised equity at low SP, and ridiculous loans to CMM (1 million @ 9%interest not worth the dilution IMO)). So not sure on Financing, but with the BFS done now hopefully get something definate soon. Permits we only have the water permit to go, the public meeting is the last tidbit to a long and difficult permitting process in the NWT, which should give some credit to management, and IMO the water permit is in the bag (Simply because of the huge investments in the local community by companies working with Tam or business resulting from Tam revenue....i.e Railyard, hydro electric, hotels and local construction and don't forget tax revenue which they need in a big way) IMO Tam could become a big target in means of a takeover once they receive the water permit, which would eliminate the Management issue. IMO there is much more upside than downside, and Tam might be dead money for a while, but when metal prices come back this one might be hard to catch. Added more again this morning, GLTA longs
Bullboard Posts