Buying FRMA
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AMEX before new year?
TARM buys TRGD!
Great news!
http://finance.yahoo.com/news/Tara-Minerals-Reaches-iw-4159490638.html?x=0&.v=1
TRGD shares up almost 100 % in Frankfurt. I guess it will be the same in the states later on today.
Will this mean that TRGD dont need to finish its financials when its now swollowed by TARM you can ask?
This is good for all shareholders. TRGD shareholders receive 1 share of TARM for every 2 shares in TRGD.
Regards FH_Trader
Great news!
http://finance.yahoo.com/news/Tara-Minerals-Reaches-iw-4159490638.html?x=0&.v=1
TRGD shares up almost 100 % in Frankfurt. I guess it will be the same in the states later on today.
Will this mean that TRGD dont need to finish its financials when its now swollowed by TARM you can ask?
This is good for all shareholders. TRGD shareholders receive 1 share of TARM for every 2 shares in TRGD.
Regards FH_Trader
So you dont think they will publish all financials at the same time for TRGD? There has been some time since the last release.
When do you know think TARM will be listed on the AMEX?
Regards FH_Trader
Up big today...
Both TARM and TRGD are up big today. Perhaps financials are coming this week. I believe we are very close having them now.
What do you think the reaction will be in TRGD and TARMs sp when the financials are out for TRGD? How much up that day?
Regards FH_Trader
Up big today...
Both TARM and TRGD are up big today. Perhaps financials are coming this week. I believe we are very close having them now.
What do you think the reaction will be in TRGD and TARMs sp when the financials are out for TRGD? How much up that day?
Regards FH_Trader
New TARM german article...
http://translate.google.com/translate?js=y&prev=_t&hl=en&ie=UTF-8&layout=1&eotf=1&u=http%3A%2F%2Fwww.dyor.de%2F&sl=de&tl=en
Notable Statements:
End of October 2009 we presented Tara Minerals, in a U.S. silver-lead and zinc producer At that time, the value stood at about $ 1.30 per share. Since then the stock could climb to
between about $ 3.00 and is currently trading at about $ 1.70.
Tara Minerals - a must in any good raw material depot, especially since the value has since our first idea developed kursmäßig on
The production capacity will be increased shortly by 50% and in about half a year by 275%.
Back over 0.50 USD again. +22 %
Are you all on vacation?
Regards FH_Trader
+17 % @ $0.48 now. It looks almost as panic buying already to me...50k @ $0.48 just went off...
We are moving towards a more proper valuation for TRGD.
Remember that we moved from the 0.30s to 1.49 very fast for a couple of years ago. I think we are up for the same journey again, but this time it will take us higher and not down so deep again. This is probably the last time you can buy into this cheap.
The journey has begun.
Regards FH_Trader
$2 soon...
Heavy buying in TARM now. 12900 shares in the first 15 minutes. The journey to a more proper valuation continues. Im not surprised if we close above $2.00 today.
Regards FH_Trader
It is time for the star to shine once again...
After the close 50k @ $0.41 were bought.
Someone sure want to get in. I think that from now on we will rise and keep rising to the same level that we saw before we entered the greys. Great things are not far away now. We will have panic buying when we have all the financials taken care of and a new listing. Now is the time to buy. Its time for the star to shine once again.
Regards FH_Trader
So what we are waiting for now is essentially the quarterly financial reports from 2007-2010 am I right?
When do you think that TRGD will be ready for a change of listing? And will TARM change list at the same time as TRGD do you think?
Regards FH_Trader
TARM $25 per share according to this new analysis...
Source: RAY DIRKS Research
" ... thinks that... TARM, will appreciate 14 times over the next year to $25 per share... Tara has virtually no downside risk."
Estimates by R. D.;
Earnings per share estimate:
2010 EST – $0.20
2011 EST – $1.00
2012 EST – $3.00
Revenues estimate:
EST 2010 – $20 million
EST 2011 – $100 million
EST 2012 – $250 million
Facts & figures from RAY DIRKS Research,
http://www.cpreports.com/?p=372
Do Your own D. D.
Very good post curious.
Regards FH_Trader
0,365 now.
Congratulations to the one that could buy at 0.05
Report from Don Ramon (from another forum)
"The Don Roman "mine" is actually a very large rock. They now have a measurement on it , it's 350 meters wide , 750 meters long, and about 650 meters tall - 450 of that 650 is exposed, above the surrounding dirt level. If you want to calculate the contained tonnage, subtract about 3% to 4% for the rounded nature of the rock. The mining is in the form of "room & pillar."
They have now drilled 2.5" blast holes, all the way around it and on top of it. They got pretty consistent metals values, from most of the holes. They have named several of the areas, that got high grades, and there is one area, in the back of it, that yielded some Au values. I don't know what those values are. In some of these areas, they did a small blast, to get further inside.
There are now 4 portals, so they consider this as 4 "levels" of the mine. They have tunneled up and down, from the original portal. They have recently uncovered a large vein of hi-grade silver, most of the assays have been in the range of 400 to 800 grams/ton of head ore. One of the areas where we viewed this silver was about 6'X6', approx round, the other area was about 5'X5', again, approx round. The silver is in a sulfide form and it's easy to see the silver, and which way it's headed. Ramiro thinks that it may go all the way thru the mountain. He does not use the term "vein", he uses the term "ore body."
The hi-grade vein is also showing up in the mountain next to the one they are tunneling in now. This other mountain (hill) is much smaller than the one in work now. The entire area is full of mines and metals, so I wouldn't be shocked to find out the rest of the immediate area had good values. Straight across the canyon from the D R mine, there's a huge copper project in work, and closer to Choix, Rio Tinto has a large project going.
This silver show is very much like the higher grade Zn and Pb shows - it easily stands out, due to the color. You don't even have to use analysis to steer the workings, you can just look at an exposed blast face - and there it is."
New pictures from Don Ramon (from another forum)
Just click on the upper left picture and you find 19 pics from Don Ramon.
http://www.myspace.com/clpics
TARM is down on very little volume. Just over 10000 shares. And ask is still on 2.02.
Many bashers here now. Probably their last chance before we start to move up for real.
Regards FH_Trader
Why should it go down when we have production and we were at $1.49 three years ago with mostly hopes for the future?
We now have production and TARMs financials are up to date. Soon TRGDs will be too.
Looking forward to a sp of $2 in TRGD later this year.
Regards FH_Trader
Its probably a "fakewall". Try to buy a couple of 1000 shares and it will break.
The shorties helps us up now when they have to cover.
Close above 0.70 today and a fast journey to $1?
Regards FH_Trader
0,65 USD now and I think we will close at 0.70 or around it.
Big volume for this early time.
0,65 USD now and I think we will close at 0.70 or around it.
Big volume for this early time.
TRGD in Frankfurt trading at a new high of 0.479 euros which is 0.65 USD.
Lets see what happens in the states today.
Regards TT
Technicals.
I think the two remaining days of the week will be very strong for both TARM and TRGD. The ask is at 0.57 in TRGD presently.
RSI for TRGD is at 59,46 which means that we are ready for another run up shortly.
http://stockcharts.com/h-sc/ui?s=TRGD&p=...
Regards FH_Trader
Barcharts.com - Buy TRGD
The following info can be found at the barcharts.com webpage.
They have a buy on TRGD. The next resistance is at 0.68 USD.
TRGD - Tara Gold Resources (OTC)
Date Open High Low Last Change Volume % Change
02/01/10 0.5250 0.6300 0.5250 0.5700 +0.0410 582600 +7.75%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy
Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 201555
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 153052
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 220223
Overall Average: 100% - Buy
Price Support Pivot Point Resistance
0.5700 0.4700 0.5750 0.6800
Regards FH_Trader
An Amex-listning for TARM could be done with the sp trading 10 days or more over $2.00 or am I wrong? I have heard this but it can be wrong. I cant find the correct information so I suppose someone in this forum knows.
But then I know there are additional requirements for an AMEX-listning. I cost a lot of money and I suppose TARM will not apply for a listchange before they have had some checks for the deliveries. I think a listchange would get more investors into TARM and TRGD and it would benefit us all.
Regards FH_Trader
Yes, I think it would be prudent and wise to put up a news release saying that the ambition is to make the financials up to date in 4 months time. But I havent seen a company do this before. But I think it would be good doing so.
Perhaps you can talk about this issue with him while he is in Germany Zweifler? Else we can all adress this to the company.
Regards FH_Trader
Im sorry but you dont have one right Peeker.
Your bashing is to obvious. I have read this board since it started and you have always been negative and trying to make things bad that arent there.
2 more weeks is a phrase repeated by you and other negative writers about TRGD that didnt sell when we went from 0,30-1,49. Probably you were a passenger on the rollercoasterride all the way down and then sold. But what do I know. You have written about your holdings in TRGD and so may be it. But your scepticism i unwarranted. You should be careful, but if you see the whole picture and read all the facts you will know why Rich and the management decided to put all their efforts and money on getting cashflow from Don Ramon and not doing the financials. Now that we got cashflow the financials for TRGD will come. If Rich was dishonest he shouldnt be up to date with TARM financials. Have you thought about that.
Well enough said. This is probably my last response to you if you dont change your attitude.
Regards FH_Trader (from a cold Sweden).
Peeker,
Every company in the mining business have hard times to meet timetables. TRGS has never lied to anyone. Can you tell me one time the management has lied to the public and I would be very surprised to hear it.
TRGD has done everything right the last half year. Production is up and running and we have cashflow. Not many companies without debt and as little float as there is in TRGD accomplish that. Many new discoveries in Don Ramon and the nearby Centenario plus Picacho gives us many opportunities.
I wont sell a single share in TRGD until we are at $3-5 next year.
Long and strong in TRGD and TARM!
Regards
FH_Trader
This is an estimate of where the shareprice for TRGD and TARM will end this year based on public info (cash flow).
The numbers doesnt reflect the value in the ground and not the new discoveries of veins or other projects that TRGD and TARM have like Centenario. Pichaco etc.
Estimated Price Per Share for TARM 2010 Estimated Price Per Share for TRGD 2010 at $300 Ton Net Profit, also click on the link to see what happens to the PPS with different Net Profit scenarios for $250 and below.
P/E TARM TRGD
5 $3.53 $1.41
10 $7.05 $2.83
15 $10.58 $4.24
20 $14.11 $5.66
25 $17.63 $7.07
30 $21.16 $8.48
http://spreadsheets.google.com/pub?key=tj3ufr5Me6n2jzC8fjlwUPg&gid=6
As we can see Tara gold (TRGD) is massively undervalued at $0.50 where we are now.
The traders in frankfurt seem to have grasped it today. TRGD is up to a price that means 0.53 USD.
Lets see what happens in the trading in the US today.
Regards FH_Trader
From another Tara forum:
"This PR is extremely significant and confirms:
1) Finally started shipping concentrate
2) 'Currently operating at 240 tons/day', which is way ahead of schedule. Recent German article said 'start at 120 in Jan and ramp to 240 by Feb 28th." Quickness of ramp and production level 6 weeks early are both upside surprises for my model & evidence of mgt execution.
3) What's this 'discovery of a new silver, zinc and lead structure'? All company info says 309 g/t silver, 9% zinc and 3% lead.
4) Commencement of cash flow. Future growth can now be funded via internally generated cash and not stock sales.
5) Expand mill production to 480 tons/day in Q2. Thought capacity was 450? If 480, another upside surprise for my model.
6) More details on Glencore concentrate sales agreement payment terms and 5 yr deal. Having a $B Swiss partner is a great partner to have. "
We have much more to go on the upside.
Let the race begin!
Long and strong in TRGD and TARM!
Regards FH_Trader
Oops. Sam Dan it is sorry :)
I totaly agree with you HHappy.
TARM and TRGD are very much undervalued and their real value will soon be recognized. Already after this update I think.
Long and strong in TRGD/TARM!
Regards FH_Trader
Yes, we have a great potential. And yes we are very undervalued (TRGD) at this time.
The meeting that Rich will have with the person the brought TRGD to its all time high of 1.49 in 2006/2007 can make the same thing now Im sure of it.
Now is the time to buy TRGD and TARM. We will be much higher forward going. A news release of the first sale of ore is not far away now.
Regards FH_Trader
"By the end of
2010, a target price of $5 for TARM"
This will mean somewhere between $1,5-2 for TRGD. I think this is a realistic price target.
Long and strong in Tara!
Regards FH_Trader
I can read german and I can read from the article that something big will happen in "zwei wochen" two weeks that means.
Hang on. TRGD will go much higher.
Regards
Respond to JV-critics from yahoo finance forum by mudpuppy:
"The jv model worked very well for Rich and trgd. We got maybe $10M or more out of it over the years with many jvs. Those monetized jv properties are the only reason we have our current solely owned properties, production facilities, and no significant debt. We still have properties like la currita, las manitas, etc which may still go into jvs."
Financials for TRGD will come in the first half of 2010 I think.
Remember that the focus now is TARM and getting TARM into production which we will get at NR about anyday now I believe.
It is reasonable to believe that they negotiate now about a fair price for the concentrate and with rising metal prices there is no hurry to get a fast deal. Thats at least what I think.
TARMs financials are up to date and that will TRGD be too.
Regards FH_Trader
Yes, it should give some strength to TRGD!
0.45 close today?