Tara Gold Resources (fka TRGD)

[investorguy]

You obviously haven't looked very hard. Most if not all JV partners have agreed to pay all property payments and than some, plus issue x amount of shares to TRGD. That leaves TARA in the positive.

One example with many others available:
Lluvia de Oro cost TRGD $4,600,000 for the project.

On April 4, 2006 Tara Gold signed an agreement, as amended on September 12, 2006, with Columbia Metals Corporation Limited providing Columbia the right to acquire a 100% interest in the Lluvia de Oro prospect by: paying $550,000 to Tara Gold; paying all remaining property payments; issuing 1,000,000 shares of its common stock to Tara Gold; reserving a 20% net cash flow interest in favor of Tara Gold.
As of June 30, 2008 Columbia had made all required payments.

AND

$2.5M raised before TARM even began trading. Someone seemed to like what they were doing.

"Tara Minerals was incorporated on May 12, 2006. Between December 2006 and February 2007 Tara Minerals raised $2,540,000 from the sale of 5,081,000 shares of its common stock to private investors. In January 2008 Tara Minerals issued 1,200,000 shares of its common stock valued at $600,000 to an unrelated third party for mining equipment. In April 2008 Tara Minerals sold 833,134 shares of its common stock for cash of $500,000 to unrelated third parties. 80% of the equity is currently owned by Tara Gold Resources Corp. (Other OTC: TRGD.PK, Frankfurt: T8N), a US based growth-orientated precious metals development and exploration company"


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Most posts are In my opinion, please do your own DD.

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