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Alias Born 04/03/2011

Re: Tamtam post# 1820

Thursday, 07/07/2011 7:21:58 PM

Thursday, July 07, 2011 7:21:58 PM

Post# of 12573
I also heard many good things, but I have a few cautionary comments. Cash on hand is a major issue. Drilling is expensive, lab analysis and the NI 43-101 on TPW and consultants and geologists all cost money. We have a funding squeeze to overcome here. Next, while I strongly support the methodical, resource-building program CD has chosen, rather than the wildcat, shoot for a glory hole technique, the chosen program will require patience and, did I mention, money. Anybody who must have a quick payday on this play could get hurt. This is still a speculative position, no matter how optimistic CD feels. Until the money issue is addressed in a more long-term way, things could go south in a big way, even if TPW is ultimately proved up beyond our wildest dreams. To reiterate, I haven't sold a share and I have no plans to sell, but we are far from the home stretch, so think marathon, not sprint. It could be years before the full value of TPW is demonstrated.

On the flip side, we have a report on Destor due in a few weeks, a report on TPW's hole 47 in the next little bit, and the NI 43-101 later this fall. Plenty of potential for SP appreciation in the next 4-6 months.

RTR

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