TAM 0.00% 2.9¢ tanami gold nl

1.6 cents for a nodebt unhedged gold producer, page-6

  1. 1,371 Posts.
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    In gold mining you need 10% ability and 90% luck..
    TAM really had a bad run with contractors... ground water etc.It deserves a change in fortune....
    Denis Waddell is a veteran in this game and TAM is or was his Baby! All he needs to do is get money... get lucky with drilling... and take advantage of the influx of surplus labor and equipment from the recent collapse of so many gold mines in NT.
    Just this week 300 gold minners in the Pine Creek area lost their jobs... Why? companies like GBS Gold borrowed heaps from banks and got shafted.
    I've been watching TAM since 94... it's a good Story..with ups and downs... it's at the bottom of the pit now.. If allied Resources is a white knight... holders should rejoyce....if they turn out to be a wolf in... well nothing is new under the sun...Now it's up to Denis to Show that 10% ability... and $400G CEO to earn his money. ZZ
 
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