My point of view I was around TAM when it was .49 and around for the ride till 1.35 and regretted selling it back then to see it hit 3.00. I personally am amazed to be buying back in at the 1.20 level which I thought was something I would never see again and be able to do. But here I am back aboard at 1.20. Yes the markets have gone truly nuts. Its as if Pine Point and its potential somehow just vanished off the face of the earth. Don,t think so. Everything in the world is still the same as it was 3 weeks ago despite higher interest rates for borrowers.
The zinc and reserves at Pine Point are still there and the production numbers for Pine Point are there for everyone to see. Theres the reality of Pine Point and then theres the market. If you focus in on the reality of Pine Point and what TAM will be doing the current valuation of TAM is absurd. Pine Point is not moose pasture like other venture plays out there but the real deal with real production coming and huge reserves. I only see this as an opportunity as the selloff has been overdone with too much focus on external factors such as the credit issues and subprime issues in the states which in themselves are worrisome issues but are of no consequence to TAM and by no means justification to dump TAM shares to these levels. We shall see but I feel getting in here at these prices will be pretty well your last chance to do it for real cheap before the market snaps out of its hypnotic spell in regards to reality and the valuations that TAM has. CHIMO>