One thing in their favour is a healthy cash flow with costs falling. Have just got this gut feeling that Coyote is the exit point for something bigger underneath the existing mine within the Tanami Fault. Have a look at Gonzales, Bommie etc are open at depth and why would WA GeoScience, TAM and Newmont get together and conduct a seismic survey on the Fault? Not for purely geo reasons that's for sure. I'd settle for another Callie which, incidentally, has ore very similar to Coyote.
Just my opinion and I'm not a Geo....DYOR.
TAM Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held
