TAHERA CORPORATION (fka TAH.TO)

[sortagreen]

New corporate presentation is out. Great read. Also has construction pictures. Stuff's happening.

Interesting item page 17- Tahera to share in manufacturing profits from Tiffany as well. I get the impression that the quality of diamonds gave them good leverage in this deal.

Another item Page 15- Discussion of upside potential from the feasibility study. These studies are generally conservative.

...and I'm always just blown away by the rest of the portfolio

Their other kimberlites in vicinity are grading 30-50 cpht or .3-.5 per ton as I read it... that's not great but if they're open pits like this one they're also cheap (compared to the very expensive shaft and drift thing that Shore is doing which needs a far richer resource to make it feasible) Having the other kimberlites within a few kilometers gives Tah the chance to leverage the facility now under construction.

I don't know how long the testing permitting process for the others will be... I've only been in this one for 16 or 18 months now. But with cash flow, I'm thinking a larger discovery and bigger prize is just a question of time, how much time though. With all the other activity in Canada, I hope the demand keeps up.

All that being said, I'm holding this long term. Still figure it drifts up to a buck this year... but in the out years this could be another Aber.