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Tara Gold Resources Corp TRGD



GREY:TRGD - Post by User

Bullboard Posts
Post by canada7on May 07, 2007 1:30pm
292 Views
Post# 12738232

Read between the line

Read between the line "La Currita will now receive the focus and capital it deserves. We are considering various options to ensure that Las Minitas also finds a focused steward." Which means that La Currita has NOT received the focus and capital it deserved in the past. Furthermore, partner Raven has practically done nothing on Las Minitas. Thus, this announcement is a punishment for partner Raven. This may be one of reasons that TRGD stock has not performed. But, with this news today, this may mean 1) Las Minitas will be returned (although only hinted here, but people do not publish NR with hints only, this means for sure it will be returned to Tara Gold, and it is only a matter of negotiation and pricing. 2) From TRGD model, it will look for another partner soon for Las Minitas, unless Tara wants to develop it like the two properties of Tara Minerals. Unlikely as Tara has its hands full at this time. Tara management has shown to be an expert in acquiring excellent properties, and it needs to prove that they are also good miners. 3) TRGD may want to take La Currita back if Raven does not perform this time, furthermore the price tag for La Currita has increased for Raven.
Bullboard Posts