Why should shareholders believe anything that Barton says!!
CME did not meet the terms of the J/V agreement-plain and simple Their default resulted in TARM retaining 100% control of the 40,000 acres of potential mineral deposits.
TARM is an OTC company which means an annual shareholder meeting is NOT required. Management,obviously,felt that expending funds would be better spent in developing mining infrastructure. Their quarterly filings gives shareholders intelligence re company developments.
Advancement of Don Ramon and iron ore projects have been set back by CME non performance NOT TARM actions.
We still have expectations that we will soon hear of management's success in moving projects into the most important achievement of producing revenue flow.
The only class action suit we are interested in is that which we are working towards is against CME. Since mediation term has expired without CME even naming their choice of a mediator, we await any legal hearings to be completed before launching suit. So far we have heard from shareholders holding 6 million shares [not verified]. If interested please PM us.
We agree that positive news from management should submerge some of the negative feelings expressed. But,for people who have caused the delays by their inability to fulfill commitments to complain, is ridiculous
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