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Tamerlane Ventures Inc. V.TAM



TSXV:TAM - Post by User

Bullboard Posts
Comment by loparnon Nov 21, 2007 3:28pm
379 Views
Post# 13846460

RE bamako

RE bamako Yes at that time Zn, Pb and Cu were trading some 25-30 % HIGHER than now. The last month has been extremely bearish for base metals. Since TAM has a leverage around 5 (before financing) or so to metal prices the effect of sharply falling prices on my TAM price target is huge also due to bigger stock dilution if the stock also falls. And since people here often get crazy if some persons sell and also tell them so I have only stated my exit(close to real-time) on my home page. If metal prices fall another 20 % shortly TAM will have big problems with the Pine Point economy. I just hope the metal prices turn around soon or at least do not decline more, or the TAM stock price will probably be bad for a long time.
Bullboard Posts