tanami technicals, page-14

Good post phil...it's great to know there are some like minds around re understanding TAM.

I've been topping up lately down to ~5.1 because I reckon she's been oversold on low volume on the way down. Am hoping this might help make light of the 3.4B shares on issue if it decides to run back up.

What you mention about the GR re-furb ties in with my opinion after research (and my opinion only) that TAM could be looking at about maybe half of my previous figure of $50M, which I arrived at cos I mistakenly took it to be a 2.1Mt/a not 1.2Mt per annum. I believe yesterday's presentation went some way to relieving the market that had been spooked by the acquisition.

Promising today as finished on it's high of 5.6 on good volume of 7.7M. If gold stays steady at worst, I can see TAM slicing through the sell levels hopefully back to around the 7c mark. Q should also show improvement and throw in some more high-grade assays from Coyote Country and/or GR and you never know.

Just my opinions only all and you MUST DYOR!