Post by
italian1 on Nov 29, 2012 7:40pm
Tam update!
News out today on tam! Check it out let me know what you think!
Comment by
glory7 on Nov 29, 2012 7:57pm
Its like the bank repossessing your house but telling you to stay cause theres nothing else they can do.
Comment by
glory7 on Nov 30, 2012 10:12am
On a whim just picked up a 100k 3500.$ worth the gamble especially when wolvertin is buying, that the peg. 250k ?
Comment by
LoserLoserLoser on Nov 30, 2012 2:40pm
I dont think this was a good ending. The mistake was to take that loan in difficult times. Who will give TAM 10M $ not to speak about Pine point financing mega project. Hence the heavy selling today. In the past i was considering for rebound but now i lost any hope that this story will end without mega dillution for shareholders.
Comment by
LoserLoserLoser on Nov 30, 2012 3:11pm
How can You be so optimistic about all this? Is there any light at the end of tunnel.? Zinc price will stay around 1 US/lb for 2 years. Too low to get financing. But TAM needs to pay back in 2013. How that can be good ?
Comment by
glory7 on Dec 01, 2012 12:18pm
For the little amount of money for 100k shares the risk reward is great, lead now over a dollar zinc slowly moving up and the lenders obviously see some value here depending on metal prices otherwise they would of thrown in the towel. When Wolvertin buys low I take the gamble too as there money doubles on any pos news ? and gee they make the news, good for another year anything can happen.
Comment by
glory7 on Dec 01, 2012 4:31pm
What if they sold Los Pinos , paid a million several years ago gotta be worth a lot more today copper ? Pay a few installments.
Comment by
glory7 on Dec 01, 2012 4:34pm
Then if they paid the california pumper to come pump the stock would rise to .30 ?