TAHERA CORPORATION (fka TAH.TO)

[sortagreen]

I have SGF at US$4.04
or the US issue SHGDF at US$4.20

So it’s somewhere around a US$343 million company.

Tahera’s around US$285 million, so it’s less expensive than Shore, but I don’t know whether Shore is actually worth more. It could very well be, and if it is worth more, how much more?

Shore seems to have diamonds and nice ones at that, but I don’t see anything on their site about total resource or whether the quantity adds up to economic feasibility… They’re still sampling, not in the permitting stage yet. I’ll need to read some more.

Given that there are no figures on the table yet, I have no idea of what they’re expecting for revenues, how big the mine would be, what kind (Jericho’s mostly open pit), how much it cost (as in per carat recovered). I’m not seeing anything right now.

I’d also like to know if they have anything else in the works.

For right now it looks interesting but I’m not sure I’d buy it at these levels. They’re a long way from production so I’m guessing you’ll get opportunities to buy at better prices.

I'm no mining expert though, see what someone like TSXminer thinks. He seems to have a good grasp of this stuff.