Call me foolish, but I'm still a believer. As soon as the Yamana deal is finalized - which should be soon - and as soon as income starts coming in from the iron ore properties - maybe in 1-3 months, and as soon as the Don Ramon deal is finalized, things will start to fly and you just might win back your friends. It is a good bet that TARM will be on the AMEX later this year and TRGD off the grey sheets as well.(That has taken far too long however...)
In fact, Mamona, your friends might really like you - if they are still holding their shares. Their first dividend will show up in their accounts today! The value of their dividends at today's prices should almost bring you back to even and then you have all the upside potential as well. Even a worst case scenario where we lose the current Yamana and Don Ramon agreements would still bring you back into the money as they ramp up the iron ore production over the next year. You are down so far now that you might as well wait a little and see what happens with the iron ore and these other deals before you sell out.
The difference now is that TARM is NOT doing it themselves. Now they have outsourced the actual mining and milling. It took a while to get all the details worked out Mamona, but I think it is now headed in the right direction. I know, you have heard that many times before. I hear you. But you have to admit, slow or not, they seem to be making progress in the right direction.
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