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TMR - Tamaya Resources

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Just bought in today, nice slice of the pie at 12.5c. I believe things should start to look up now. Bring on the good times
 
dont forget the 11.5 cents share on offer due end of this month
I think I take a punt and get anther $5000 worth
 
I believe that is only for punters who held a stake in TMR on the 30th of April. New holders don't get that bonus.
 
Are there many here holding Tamaya?

Slow and steady gains are my thoughts. Interested to hear other people's view.
 
We wont see any real gains until the placement is finished. It will trade sideways for the rest of the month at least imo
 
farout said:
Are there many here holding Tamaya?

Slow and steady gains are my thoughts. Interested to hear other people's view.
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I'm a holder and still holding this is one of those stock where my 5-10K of spec moneys sits for 3 or 4 year and see what comes out of the hole
 
hehe... yeah ROE, I've decided to jump out of TMR at the same price as my entry point. Have now planted my money into 46c SXP. Will likely buy back into Tamaya in a few weeks I think.
 
If anyone hold this stock since 30 April and want to get some more ...share purchase plan of 11.5 cents close Next Monday 26th.

I done my bit and give them an extra 5K to play
 
I bought back in this morning, nice news out about a good find. Possible iron ore project in the midst.
 
very impressive magnetite iron ore hit announced today, massive depth nearly 500m although grades a little lite on. But certainly raises the prospect of a massive low grade deposit.
 
They have said right from the beginning that they considered Filipina Grande to be an IOCG deposit, and this just proves it.

Very long strike, however pretty low grades. Although good to see that they think it can be extracted while taking out the copper and gold at the same time.

Excellent fundamentals here imo, just need management to start delivering...

EDIT - After looking in detail some of the grades are not too bad for mag. A few strikes between 40 and 80m around or above the 30% mark, which is ok I think...
 
Why is this company's SP doing so poorly?

I'm just curious, don't they already produce copper and have excellent prospects?

If so whats it doing at 11 cents lol D:!?
 
vishalt said:
Why is this company's SP doing so poorly?

I'm just curious, don't they already produce copper and have excellent prospects?

If so whats it doing at 11 cents lol D:!?
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Have a look at their cash cost for copper. $2.30 or rather per lb. Combination of lower grade ore being processed etc. Very hazy with details so holders have punished accordingly.
 
Good question vishalt - I can't see it staying down at this level for much longer .
 
Aargh! said:
Have a look at their cash cost for copper. $2.30 or rather per lb. Combination of lower grade ore being processed etc. Very hazy with details so holders have punished accordingly.
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Yeh, high costs have killed them of late.

Hopefully they will be processing higher grade ore this quarter and into the future which should bring their costs down.

I think they were also punished for the Iberian takeover, and personally i am glad they are once again focusing on Chile, as i believe it has a lot more short - mid term potential than armenia
 
hmm I've grabbed a few in this as a pure punt for the moment,

I haven't followed the stock before and thus am light on knowledge,

However from what little I see they could be sitting on a huge Magnetite deposit and yes while the grades maybe low by Aussie standards ie 20% Fe I notice that nearby ADY seem to be producing well with their 89Mt@18%Fe deposit


I understand TMR has copper production too and gold assets

Will take a thorough look into it tonight and get back
 
Good to see some regular forum posters on board for the ride. A nice quick rise up to 22c would suit me just fine.
 
Nice to see this has got your attention YT.

Wonder how long it will take to prove up JORC and what it will be... those dril results seem quiet amazing to me (yeah even though its magnetite) , the depth in particular....infrastructure is all there which is critical.

with a market cap of about 140 million, (was 250 last year), there might be some more tasty announcements in the next week around the end of the SPP
 
Nice one Hugh pulled a rabbit out of the hat just a week away when the spp ends might find uranium in a few days time! sorry for the sarcastic remarks it just seems like the good old days with SMO

cheers laurie
 
I think patience is really the key with these guys.

They did get smashed in line with the market recently, however the fundamentals havnt changed.

Hopefully costs will decrease and we will see another nice profit when the FY reports come out.

One has to remember this isnt a 'spec' stock, they are a producer who are mining and selling both Cu and Au. Its just getting the costs mix right now...

And as a bonus, on the exploration side of things they do have a lot of nice projects and lots of drilling planned/happening
 
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