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Sam Dan

11/03/09 10:44 AM

#6047 RE: stock_peeker #6046

I am amazed at the company's GOLD holdings are so significant. I had always considered their zinc, copper,lead and silver would be the major producer of revenue for Tarm.
If the assays for gold come anywhere close to what is projected in their presentation,I would expect them to concentrate on gold production if not on all 3 circuits but at least 2 circuits. Huge revenue flows to pay for , perhaps , expansion of the mill size.

My calculations [done quickly] are so high I will let someone else do the DD.

From the transcript
"This new discovery is ready to be mined, the plant lies only a few kilometres away and if the grade holds anywhere near that of the channel samples, we can earn three times as much money as we would from producing lead, zinc and silver. Instead of creating a cash-flow of an estimated three million USD per month, we could make as much as million USD per month. With a higher cash-flow we would have the opportunity to expand the current plant or build a second plant.Everything without diluting our share base. Anything above 10 grams of gold would be more profitable than the lead-zinc-silver production. We look forward with excitement to the pending results of our bulk sample and further testing."



We have a huge project