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.

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Tambourah Metals Ord Shs > WATCH FOR A DEAL TO COME SOON

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Comment by dosperroson Apr 16, 2016 4:53pm

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Post# 24775292

RE:WATCH FOR A DEAL TO COME SOON

Great post. I do agree - Prem Watsa is a sharp operator. He's not going to pay 2.25 a share for a dog (I hope).

Any thoughts on a sale outside of Resolute? I picked up more shares Fairfax, but before it went penny stock. I think the co-gen and FX should make for a decent 2016. I agree with RBC's estimate of 130M in EBITDA this year which will help the liquidity. But my worry is that I'll have to wait another year just to sell for $1.50/share. Kinda sucks. Hope Lopez is shown the door. He was even the CEO of this poorly floating boat when I did a tour of duty in one of their mills more than a decade ago.

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