Gold price looking to break through $1260/USD...

Gold price looking to break through $1260/USD tonight.

Commentators are saying could reach $1350 to $1500/USD short term especially with traditional buying from India in the next two months or so. Long term range (1 to 2 years) IMO $2000/USD as America is looking quite sick. The world is starting to wake up about financial issues abroad and now starting to realise that Gold is a great wealth preservation tool.

This is great news for TAM holders as I believe the Gold sector will perform strongly looking forward.

TAM no debt, building a great resource, 259M shares on issue, currently producing 50K oz a year could easily produce 200,000K oz a year in two years, currently drilling aggressively, infrastructure in place and tonnage through put can be increased up to 1.6M tonnes a year (requires refurbishment). TAM holds a large share of ABM (next door) which also is producing some great results from current drilling programme

Management should get the word out by road show or other means and sell it to instos.

Thats it.....enough said

D.Y.O.R