2010 outlookCopied from the yahooforum for TARM:
This seems resonable I think.
"Increasing upside 2010 target from $3 to $3.75. At today's $1.97, TARM is valued at only 5.8X forecasted 12-month earnings of 34 cents @ avg. 240 T/day vs. prior forecast of 27 cents.
Still not counting production > 240 T/day OR
Adit Resources gold deposit and possible IPO OR
San Felipi new gold discovery.
Rarely do you get a 2nd chance to play. For those who missed this train leaving the station, forecasted fair value on TRGD is now $1.59 (+324% potential ROI) if TARM hits $3.75 (+190% potential ROI)this year.
Lastly, in case you didn't notice, TARM broke thru 19-month resistance channel yesterday on higher volume. Techies call that event a bullish break out."
Its just to buy TRGD which is very undervalued at these levels.
Regards FH_Trader