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Bullboard - Stock Discussion Forum
Tamerlane Ventures Inc.
V.TAM
Metals & Mining
Industrial Metals & Minerals
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TSXV:TAM - Post Discussion
Tamerlane Ventures Inc.
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•••
GenuineTalk
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Post by
GenuineTalk
on Feb 09, 2012 10:17am
NR
https://finance.yahoo.com/news/Tamerlane-Completes-ccn-850150072.html?x=0
(18)
•••
elitespooner
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Comment by
elitespooner
on Feb 09, 2012 12:44pm
yea.. share dilution and no significance whatsoever... Christie Bay, is this not across the Great Slave Lake ?? Mike all of a sudden thought of a new means of transporting across this...synergies??
(0)
•••
GenuineTalk
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Comment by
GenuineTalk
on Feb 09, 2012 5:49pm
Like I said before I still don't know if this acquisition is good for Tamerlane or not and we really have to trust them on that. My main question is when are they starting the construction? All their website documentation is saying that construction should of started last quarter of 2011. I would appreciate Tamerlane issuing when do they plan starting the construction maybe they will issue
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(18)
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elitespooner
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Comment by
elitespooner
on Feb 09, 2012 6:26pm
Make no mistake, any issuance of shares or monies going to that project is a waste of effort. If all the analysts are out there buying zinc, then why would the property become available in the first place. Anybody from the Territories want to tell me how many years its taken to get the Mackenzie bridge built and the millions of taxpayers monies to do it?? Now this management team thinks that this
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GenuineTalk
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Comment by
GenuineTalk
on Feb 09, 2012 8:38pm
"Now this management team thinks that this will add to Pine Points strategy of a reserve. Please. Itll take years and years..." Please see below excerpt from the Tamerlane acquisition: From Monday 9th of January 2012: Tamerlane Options Indian Mountain Lake Volcanogenic Massive Sulphide Belt "BB Lake deposit and calculated a non-compliant NI 43-101
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elitespooner
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Comment by
elitespooner
on Feb 09, 2012 10:16pm
There is no infrastructure there, roads, power, .... millions in capital required. To compare: we have roads, rail, hydro and our the production costs for that ore is still marginal. Now your telling me this project across the Great Slave is somehow adding to value. Its a draw down of capital we dont have and will be a strain on shareholders. Lets just over the fact at the moment they
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GenuineTalk
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Comment by
GenuineTalk
on Feb 09, 2012 10:37pm
Well, if they're thinking to exploit the new land very soon it will be very foolish on their behalf IMO. I beleive their strategy and "I say probably" to start proving the main reserve (the main locations) according to the historical fact and this will allow them to get much more financing. I don't beleive Tamerlane is to touch this in the short term production wise
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elitespooner
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Comment by
elitespooner
on Feb 09, 2012 11:38pm
Do you not think that having to spend millions more on a "side-project" to .... lets see what you said, "allow them to get much more financing" is prudent management practices or good governance from a Board. We need a miner, like Teck or an investor as HudBay to get this operation to a scale that Im assuming management is striving for. Not some dream of gold and silver
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