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Bullboard - Stock Discussion Forum Tamerlane Ventures Inc. V.TAM

TSXV:TAM - Post Discussion

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Post by glory7 on Sep 08, 2011 10:46am

KITCO

30day zinc inventory chart, one direction hope it continues.
Comment by LoserLoserLoser on Sep 13, 2011 4:19pm
Today Tam broke long time support 0.21 CAD. What will happen now? Where is the next stop? Thoughts?
Comment by glory7 on Sep 13, 2011 5:23pm
Ya the volume was huge, everybody running for the doors , think you better get out now before it drops a few pennies more.
Comment by LoserLoserLoser on Sep 13, 2011 7:19pm
That was not everybody or panic. this was one seller dumping today. If he is finished maybe share will not drop but stay around 0.2 CAD because zinc prices are stable for a while around 1 US/lb.
Comment by LoserLoserLoser on Sep 14, 2011 5:00pm
So okey. Share dropped further down in positive TSX day. What will be now next stop? Maybe 0.12 CAD? I dont know. I will buy later if it goes down to 0.1-0.12 CAD. Thats really frustrating now. Zinc prices are stable around 1 US/lb but TAM is going down like Zinc is going to 2008 lows when Tams market cap was around 6M. I was hoping Tam will get more confidence in regards of future financing plans ...more  
Comment by glory7 on Sep 14, 2011 5:29pm
OK massive volume today, somebody unloaded 8 k worth of shares, yes really scary, you guys better sell and sleep at night but with news we might climb a dime in a day, thats a lot of money 4 me.
Comment by LoserLoserLoser on Sep 14, 2011 5:32pm
I checked the volume in the recent 3 days when Tam went down. Volume was low around 100K when we compare it with sell volume at the last tops when volume was 1M shares. Depth is very thin. At the moment there is only 8 orders total 797K shares down to 0.05 CAD. So it does not take much to beat down share like now. I am feeling there is still downside because nobody wants to buy. More sellers are ...more  
Comment by glory7 on Sep 14, 2011 5:51pm
AS far as management goes no hype no spike for what reason maybe a PP on the cheap but we are fully permitted and ready to go compared to SWN in the middle of nowhere where capex will be a billion, need zinc its there fully accesable, when is the question but one day the stock took off and never looked back?
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