TAM 0.00% 2.9¢ tanami gold nl

slippery path of deceit, page-7

  1. 713 Posts.
    And who would have thought.... at almost $1000 per ounce gold price, that some gold companies would be/ could be going broke or getting stressed for cash. Its the sort of thing you would have expected at $250 per ounce gold price. This is a worrying industry dynamic.

    TAM's last financial statement showed a significant sum of cash available, so i am not at all sugessting they are in trouble. But CashedUp is correct in asking the question about the burn rate on cash. Lets wait for the information and form a view.
 
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4 539189 2.8¢
 

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