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Thursday, 05/24/2007 11:23:54 AM

Thursday, May 24, 2007 11:23:54 AM

Post# of 77
TRGD.pk - potential 5-10 bagger

Tara Gold Resources is a silver and gold mining company with several quality mines in Mexico. Their strategy has been to buy mines in Mexico that with newer technology have shown potential for high yield returns. Once they have secured the property, they find a joint venture partner to do the actual mining. Tara usually gets 20-40% of the profits from the mining, plus shares in the JV partner and cash payments. By using JV partners, they reduce risk and reduce equity dilution.

They currently have 5 mines that are in production. They have two more in San Miguel and Las Minitas that look like huge discoveries. They also have a subsidiary that is mining non-precious and other minerals.

Presently, the stock is at $0.90. The 2006 financials should be coming out very shortly, which I expect will drive the price up significantly. From a technical standpoint, the stock is poised for a breakout.

I look for the stock to be at $3-5 by the end of this year. The company is getting all their financials up to date so that they can get on AMEX. After that, who knows how high it will go?

TRGD's website is full of good info. I'd recommend reading the 2005 10-K, very informative. http://www.taragoldresources.com

Also, check out the TRGD board at http://www.investorshub.com/boards/board.asp?board_id=5274

This is one of those stocks that you are almost certain to make money on...the question isn't if, it is how much?

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