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Wednesday, 01/20/2010 5:50:15 AM

Wednesday, January 20, 2010 5:50:15 AM

Post# of 7631
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

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