TAM
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3.57% 2.9¢ tanami gold nl

Well said sisyphus !I wish to add a few essential...

  1. drillinto
    1,194 Posts.
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    15/01/09
    02:35
    Post #: 4692838
    Well said sisyphus !

    I wish to add a few essential numbers:
    Today's gold price/oz: 1239.30 AUD
    2009-2010 gold price/oz: could go to 2800 AUD (one forecast from Barron's, the american financial weekly)

    TAM's gold production costs/oz (early 2008): 420 AUD
    The current lower crude prices will make gold production cheaper
    TAM Price at posting: 2.5¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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