Guys, Just reread the last announcement by TAM.after the spike up today on higher volumes. If you look at the map showing the Bommie lode and the South Zone lode you will see that they appear to be as big if not bigger in extent than the Gonzales lode. I may be totally wrong but I believe there is potential for a tripling of current underground resources when these are added to Gonzales reserves. That means a reserve approaching 1.0 million oz with only 50 m of development to get to the extra 600,000 0z ( if thats what it turns out to be.)and all infrastructure in place . I may be wrong but I believe that todays big buying maybe as a result of savvy investors waking up to the potential of Tanami. Remenmer this gold is only 300m below ground and Callie goes down to 1 km in similar geology. IMO the re is potential for multi million oz reserves at Tanami. Time will tell. DYOR .I believe the tru potential for TAM will unfold at the end of this current underground drilling programme.
TAM Price at posting:
5.5¢ Sentiment: ST Buy Disclosure: Held
