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.
TAM Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
