Replies to post #7537 on Tara Gold Resources (fka TRGD)

[Sam Dan]

Steve here from Thursday's filing is the date that management says will govern the completion of the dividend of TARM shares to TRGD shareholders.
"Tara Gold began the distribution of its shares in Tara Minerals to its shareholders. On May 25, 2011 Tara Gold distributed one share of Tara Minerals for every 20 outstanding shares of Tara Gold. Additional distributions will be announced over the 24 months from the March 2011 declaration date until all Tara Minerals shares held by Tara Gold are distributed to Tara Gold’s shareholders."
TARM is NOT bound by the unlisted condition of TRGD shares. The first dividend occured while TRGD shares where halted.
Management can choose when to complete the distribution, but state that the outside date would be March 2013.
In my opinion TRGD shows in the filing that there is value in some of TRGD's holdings beside the TARM shares. La Currita is one such holding.
The Market will determine the valuation of TRGD.