Many brokers have strongly recommended CAH as strong buy based on propective 100,000 ounces production. The market capitalisation of CAH is about 270 mil @ current price around 1.66. TAM has the consolidated share issue of 260 mil and @ 76C,the capitalisation is slightly less than 200 mil. If TAM can produce 200,000 ounces from 2011, what would TAM be worth? May be 2.00? I am quite new in this game, would appreciate some expert advice.
Tkx.
ysaudrey
simple valuation of tam
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