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Tambourah Metals Ltd T.TMB.W


Primary Symbol: TMBMF

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

Comment by Alphaseeker1984on Jul 23, 2017 1:10pm
176 Views
Post# 26499258

RE:RE:Earning Q3

RE:RE:Earning Q3rinm99 - I do not think the forecast should be of concern.  Yes the CDN/US fx is up, but the Euro/CAD fx rate is benefitting TMB right now.   Furthermore, I think the CDN $ has overshot here and should come back a bit in the next few months.  Short covering kicked in duee to the Bank of Canada's comments and better economic data.  However, oil continues to weigh and inflation is well below the target the central bank wants to see, so I would anticipate a change in their stance following the next meeting in October.   

Finally, one has to consider the prices for lumber are way up as are SC prices.   So I would not be overly concerned with the outlook from TMB management.


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