Tambourah Metals Ltd T.TMB.W

Summer Doldrums

[Lash99]

Wow the futures are taking a beating last 2 days. We are off on November $15 since Friday. Now I am long on this stock and this is the truth. So if you want to short it you can decide if you can handle the risk. The lumber side we should see a fall rally sometime in the next 3 weeks as the pipe lines in both Canada and the States are getting pretty thin. The next financials are going to be released in November so there will not be much news until then. I will say this though , even though the futures are off the Canadian dollar has weakened at the same time , so this does compensate the lumber price somewhat. Any information regarding the pulp side would be appreciated. I did notice that they are trying a $50 per tonne increase starting October 1st and that should help. I also believe that with the Cogen plant running efficiently they are not only lowering their electricity costs but they are making significant monies selling this electricity back on the grid . Both the TD and Scotiabank are pegging this stock to be around $1.00-$1.25 for the short term. I think this is largely due to their debt load but I also think they are quite low. Now I do predict Tembec will earn 17-22 million for this coming quarter . Let's see how close I am , so I will refer back to this when the financials come out , .There are a lot of reasons why but this is getting lengthy. Over 100 people read my last post so any sharing of information would be appreciated. Thanks in advance .