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Tamerlane Ventures Inc. V.TAM



TSXV:TAM - Post by User

Comment by diogneeson Oct 21, 2010 12:03pm
293 Views
Post# 17593300

RE: Zinc & lead USD 1.12 new AAH

RE: Zinc & lead USD 1.12 new AAH Great to see pb/zn prices climbing back up but remember according to TAM's last financials given their burn rate and cash on hand they were broke a month ago.  The other thing to remember is winter is close at hand so very little if anything will be done at the site.  Be tough if not impossible to start installing the "freeze ring"
Likely means a cheap financing will have to be done to get through the next 6 months at least.
Management has to be paid.
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