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Re: FH_Trader post# 5577

Wednesday, 01/28/2009 7:10:26 PM

Wednesday, January 28, 2009 7:10:26 PM

Post# of 7631
Off the new property,Rich writes that it will add "immensely" to Don Ramon.My reading is that the new property has more potential than Don Ramon.TARM now has 4 properties to develop.

Regardless,hopefully we are close to earning money as a producer soon.Once Don ramon is earning,that cash can be used to develop another open pit operation.Once we have a couple of open pit operations earning,I believe a fundamental change can occur,namely freedom to develop our own properties,independent of JVs.Sure,we could still do JVs when convenient,but the reliance on such would go.

It is the need of most juniors,for JVs to give them either drilling or development cash,that has sen them hit so hard as money has dried up.(See PZG.)

Here is to a new day,a new way,for TRGD and TARM.
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