RE: RE: Let's talk Zinc! I know you have been a long time a Tamerlane Investor and i can understand your frustration.
But I'm still not sure if it's a bad deal what they did or not. First of all they mentioned that this land they will acquire have consderable amount of Zinc in it. And they're talking about a volcanic belt rich in metal, gold and silver so it get's even better.
It's still not very clear and I don't know if we should be thrilled or not but they have they their reason and maybe they know things we don't about this acquired land and being conservative in their estimate until the national intsrument 43-101 is issued. We never know maybe the 5 Billion deal resource will be 10 billions.
"I dont give a fu..k who these people are"
You need to care because if you don't beleive those people we shouldn't invest in this company. At 0.95$ for price of Zinc Tamerlane would be making an internal rate of return of 10%, for a starting company that's little. But if the prices shoot up to record high let's say 1.50% the internal rate of return is 60%. Also, Tamerlane shares will go much higher and will attract more investors. They will get financing much at a much lower cost and they can start building at full speed and this whether they stroke teh Indian Mountain deal or not. And you will be a very happy investor.
For now I beleive they secured a 60 Millions financing, right? With this they can start construction and they are speaking about a take-off finance... so they do kind of have a plan financing.
But till then we can say everything is on the back burner...