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Tara Minerals Corp TARM

Metals & Mining Industrial Metals & Minerals


GREY:TARM - Post by User

Tara Minerals Corp
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Comment by canada7on Nov 11, 2009 1:06am
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Post# 16473927

RE: RE: New Vein

RE: RE: New Vein

Called the company to get this issue resolved.

The company said that the average grade should be 28 to 41 g.

The 4 to 6 g are surface samples that are known to lose gold due to weathering, and they are used to estimate the extent of the mineralization only. They are not good indication of average grade..

The real grade is 28 to 41 g,  or about 1 oz of gold!  This is the best news I got! 

Also, according to the news release just released, they are working on the vein right now, and thus I expected excellent news is coming very soon as the TARM will be able to produce significant income. From what I read so far, they will earn about the same money as they used to receive as revenue or even better once they put gold online.

According to my calculation, TARM should be worth about $10 if the market gives TARM the kind of valuation the market gives to other gold producing companies.

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