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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Tambourah Metals Ord Shs T.TMB.W


Primary Symbol: TMBMF

Metals & Mining Industrial Metals & Minerals
Tambourah Metals Ltd is exploring gold and clean energy metals and has a portfolio of strategically located advanced gold projects. The Company’s Tambourah Project is located about 85 kilometers (km) southwest of Marble Bar in the East Pilbara district of Western Australia. The Tambourah Project covers an area of approximately 1520 hectares (ha) and comprises an exploration license (E 45/4597), and four prospecting licenses (P 45/2868-I, P 45/2869-I, P 45/2870-I, P 45/2871-I). Its Cheela gold project is approximately 50 km west of Paraburdoo in the Ashburton district and covers approximately 70 km of the west-northwest trending Nanjilgardy Fault. The Russian Jack Project is located about 15 km southwest of Nullagine. Its Nullagine Project is located about 11 km east of Nullagine. Its TMB Nullagine project is located about 11 km from the town of Nullagine. The Company’s other projects include Shaw River, Tambourah North, WH Sth, and Achilles Ni-PGE-Cu project, among others.


OTCPK:TMBMF - Post by User

Tambourah Metals Ord Shs
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Comment by gavitronon Jan 10, 2012 4:08am
420 Views
Post# 19384970

RE: RE: Upgrades

RE: RE: Upgrades

I don't know...lumber was a big sore spot. I don't think they would have much reason to sell 2 mills that were losing money just to buy a few more that are losing money. Eacoms mills ARE closer to home for Tembec and Tembec seems to have lots of lumber customers south of the border. I'd be happy to see Tembec just bank the money, the balance sheet will be hugely improved. Last quarter their forest products was negative EBITDA $10million. The mills they sold were SPF dimensional lumber mills which is the lumber that is sucking wind still and probably accounting for a lot of that loss. To the best of my knowledge some of their other forest products are worth a bit more, like hardwoods and specialty pine.

I think Tembec is a sweet play right now because of its product mix...pulp, paper, chemical and wood. All sectors with lots of room to improve, if ones not up, another one is.

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