RE: TRGD will spike up shortlyTrader,
long term share holders have ben through a lot with Tara.My experience is to take a fairly conservative approach.
We do not have cashflow from production yet,or a firm guide on current production.
Let us assume we get a consistent 360 t/p/d.
Profit maybe $345 a ton.
Not bad.
What PE.I am using 6.
A ratio for a junior,hard to assess.How many year's production? 43101 compliant?
However,exploration potential can make a PE ratio out of touch fast.
But I think building such strong expectation as you do unwise-till we have a lot more numbers.
Personally,a target of $3 seems balanced presently .No complaints if we add 50 % in 2010.