Achtung! The Germans aren't coming?
Das ist nicht tso gut!
Sooner or later TRGD and TARM will need to prove resources (w/ drilling programs) rather than just chat about them and expect investors to buy based on the optimistic views of management. The results of the large bulk sample should help short term, but measured resources will be very important longer term.
Also I remain confused by the corporate structure of TRGD/TARM/ADIT, that is, I am skeptical that the structure is intended to benefit investors as much as the management of the company. It seems TRGD cannot ever be uplisted due to financials that are 2 yrs behind, so they will do an IPO of ADIT in 2010, but how much of ADIT's gold will be owned by TARM after that?
Yes, I know I'm easily confused, but such a creative corporate structure and financial governance issues continue to worry me with TRGD/TARM/ADIT.
Good luck to all TRGD/TARMers,
'peeker
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