TAM 0.00% 2.9¢ tanami gold nl

A 10 cm vein of gold - a new discovery but no gold grades. Is it...

  1. 666 Posts.
    A 10 cm vein of gold - a new discovery but no gold grades. Is it a discovery? NO.

    No length of strike - perhaps none. A decision will be made on followup drilling - you have to be joking.

    Seriously even if this zone went 31 grams/tonne over 10 cm, would eqaute to 3.1 grams/tonne over 1 metre. Let's say mining widths min are 1.4 meters - this gives a real mining grade of around 2 grams/ tonne.

    I will say that typical of the history of TAM there has been same positive (I didn't say that word) news so get into your chair and be ready for some negative news - this time it will be on the low production during the June quarterly. Seriously these guys should be writing scripts for the WWE (wrestling) - at least thats entertaining.

    What happenned to the discovery that they had around 2 years ago - no further news - why not? Why don't shareholders ask these questions - it's your money taht is being wasted.
 
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