Just responding to a few posts. TAM is sitting IMO on a massive...

Just responding to a few posts. TAM is sitting IMO on a massive gold resource, which will take some time to confirm. For all we know, it and 30%-owned ABU could reasonably have another Callie, they just have to find it, drill it and confirm it. I was told back in the 1990s by the best gold broker I've ever known that TAM (and now ABU) was the stock to invest in long term. He was the guy who put me into North Flinders (NFM) at $1 in 1990-91. In two years they were $5 and paying $1.50 dividends. They went to $20 before I think Newmont took them out. Now that was a gold stock. I'm hoping TAM will do the same, can anyone tell me why not? And the guy who was there in the 90s is still chairman... just a matter of time, and sure, maybe a cap raising, but what's the big deal?

Just to remind you folks of this week's announcement:

Further high grade gold intersections have been received from diamond core drilling of extensions to mineralisation at the Coyote Mine, the Company?s flagship deposit within the Western Tanami Operations in Western Australia.
Recent diamond drilling has targeted a deeper, sparsely tested area of the Gonzales Lode below the 164 level mine development. In total 12 holes were completed and significant gold results include 0.6 metres @ 1,409g/t from 63.6 metres in CYUG159 and 2.1 metres @ 174g/t from 70.3 metres in CYUG160. Other drill holes in this program revealed visible gold in quartz veins along the same mineralised horizon as CYUG159 and CYUG160, and assay results are awaited for these holes.
A surface exploration diamond hole at Coyote has also intersected a significant new zone of mineralisation some 170 metres to the north of the mine workings.

Initial drilling at the Groundrush deposit returns visible gold from three of the first four diamond drill holes. Assay results from the first two holes include:
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2.6 metres @ 13.8g/t Au from 346.5 metres in GRDD1
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8.5 metres @ 5.3g/t Au from 235.5 metres in GRDD2
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Results from ongoing deeper diamond drilling at the Central Tanami Project have extended mineralisation at the Carbine and Phoenix deposits with best intersections including:
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8.5 metres @ 5.3g/t Au from 235.5 metres in CADD2
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2.9 metres @ 5.1g/t Au from 144.2 metres in CADD11
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6.0 metres @ 5.1g/t Au from 151.0 metres in CADD20
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2.9 metres @ 12.1g/t Au from 144.0 metres in PHDD1
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Further high grade gold intersections returned from underground diamond drilling at the Coyote Mine including:
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0.6 metres @ 1,409g/t Au from 63.6 metres in CYUG159
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2.1 metres @ 174g/t Au from 70.3 metres in CYUG160
o
0.3 metres @ 179g/t Au from 36.7 metres in CYUG161
o
1.7 metres @ 14.7g/t Au from 80.7 metres in CYUG163