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Bullboard - Stock Discussion Forum Tamerlane Ventures Inc. V.TAM

TSXV:TAM - Post Discussion

Tamerlane Ventures Inc. > " It's worth less than nothing."
View:
Post by Nibender on Sep 26, 2012 2:58pm

" It's worth less than nothing."

That statement is an upgrade from what Billy Preston spoke of.

Got to say though CD, that's one of your best ones yet.

Repeat after me: Look out below!!!

Comment by GenuineTalk on Sep 26, 2012 3:46pm
1) some people were concerned that they want be able to pay back the loan and that it. Now they extended the loan duration which is kind of positive. Don't u think?! 2)  "they are worth less than nothing" the parti financing them and extending the loan doesn't think so. 3) we've seen a lot of loan extension in the market and this before financing so it's not ...more  
Comment by LoserLoserLoser on Sep 26, 2012 4:35pm
Of course they knew about extension and maybe they will get it. The problem is long term. TAM is not producing and can only burn money so what TAM need is higher Zinc prices above 1.3 US/lb to get financing. That will be the case in 2014-2015 but till then Tam needs to survive. Getting new Loan was too risky for TAM. Many companies go BK because of high debt compared to market cap value. If TAMs ...more  
Comment by GenuineTalk on Sep 26, 2012 5:34pm
Completely understand. But 1.10 Zinc will much improve the situation. All the reading is saying Zinc is heading up. There always some kind of risk in the junior sector. 
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