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Tamerlane Ventures Inc. V.TAM

Metals & Mining Industrial Metals & Minerals


TSXV:TAM - Post by User

Tamerlane Ventures Inc. > Zinc & lead higher
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Comment by LoserLoserLoseron Jul 20, 2011 6:17am
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Post# 18850462

RE: Zinc & lead higher

RE: Zinc & lead higherThere is really weak connection between TAM share price and Zinc price. Because Zinc is in the same level as in spring 2008 1 USD/LB. TAM was @1 CAD. Now we have 1.10 USD/LB and Tam is @0.26CAD. Tam lost 75% share price @ the same ZINC price. Significant progress compared to 2008 was made but despite that TAM is where it is. So i dont know was TAM overvalued in 2008 spring or it is undervalued now. Who knows? It is irrational market. Similar situation in 3. march 2010. Tam was @0.5 CAD and Zinc price was 1.10 USD/LB like now, but now we have share price not 0.5CAD but 0.26 CAD.
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