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Can Coyote underground become another Callie?
When callie started producing some years ago now they had proven reserves of 250,000 ounces only.To date 10 million ounces have been produced from Callie .The geology at Coyote now appears similar to Callie with grades and widths at depth.
Yes, I know TAM's past management has made some huge mistakes but it would appear that the worst may be over now.
With the gold price fast approaching $1500 AUD per oz and potentially moving way beyond that TAM's time has arrived.
Compare historical announcements on the Callie deposit and you will understand what I am talking about.