Hi rabbitoh,Yes I am in agreeance with your comment that the...

Hi rabbitoh,

Yes I am in agreeance with your comment that the Australian gold industry needs another goldy falling over like it needs a hole in the head!

I know that Tanami have had its fair share of problems in the past albeit site management and/or contractor problems, however I also understand that these issues have been addressed and well and truly fixed. It's just a matter of digging up the gold now, and there are some reasonable grades down there imo.

It has to be excellent value at this level imo because this stock has been grossly oversold this past week or two; and unfortunately I fear that some HC posts may have also assisted in contributing to same, to the detriment of others shareholders like myself.

Yes I do realise JP Morgan sold down a % of their holding (via the notice to the ASX today), but I understand that they had some serious calls they had to cover and therefore had to sell out of a LOT of positions - not just TAM.

Cheers, Pie :)