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Tamerlane Ventures Inc. V.TAM



TSXV:TAM - Post by User

Post by loparnon Mar 11, 2011 11:39am
270 Views
Post# 18271127

Zinc & Lead fairly strong

Zinc & Lead fairly strongThere was a fast pullback until a couple of days ago, but now they seem more steady.
But TAM must had overreacted in its pullback of around 30 % since the 0.495 high last week.

The "TAM-weighted" metal price average of USD 1.06 now is good enough for the Pine Point project and with the N204 deposit included in the soon published feasibility study the updated NPV forecast probably will increase.

In conclusion, with the current base metal prices TAM should be a clear buy.
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