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Tamerlane Ventures Inc. V.TAM



TSXV:TAM - Post by User

Comment by LoserLoserLoseron Oct 30, 2012 11:39am
332 Views
Post# 20539364

this stock is dying

this stock is dying

The only news now will be about extension of the loan. I see sellers of this stock are thinking the worst. Small bid @0.045 CAD. No buyers. How low this can go?  Now 4m mkt. cap - the ultimate low of 2008 when zinc price was bellow 0.6 US/lb. Usually such kind of stocks can fall to 2M mkt. cap but i doubt it because company still has world class asset. compared to other c ompanies withy no assets and additional debt  this seems oversold. We need some sign of solution of the situation from management. In other case share price will fall down to 0.025 CAD without buyer support. At last some insider could support share price from falling to the levels when dillution is not possible anymore.

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