TMR - Tamaya Resources

[Spaghetti]

Bought at .27 small parcel. Who cannot be seduced by rumours it could be the next Oxiana?

The chart looked fine to me, do not do t/a but I do look at charts but more for negative signs, you know, like.... DON'T BUY ME otherwise I never had much success at trying to time entry down to the last minute. Anyways up 18% in 6 days and looking good.

Wish I had bought more than 30,000.

 

[alanding]

Gotta agree here, the chart aint much to write home about at all. I'm not really seeing what has alanding in love with it.

Looking for a close >29.5.

MACD is what I have learned.
Not so complicated waves for me now.
I am out at 31c.
I should hold.
Keep watching, will entry in again.

 

[Spaghetti]

The buy depth was so strong today until the s/p hit .325. Then a little battle at .32 and the strong buy side just seemed to disappear. The s/p went down further than I would have ever called it this morning but recovered somewhat on close back to .31. Then the buy side re-appears? Flaky.

Still 8mil shares traded at .31 plus may be a good start for a new support level.

Need to read up more tonight to decide now if I want to make a decent parcel. Any sales pitch welcomed.

 

[Joules MM1]

Any sales pitch welcomed.

Acquired this last week at .325 .......the xjo has retraced to last thurdays low and looks strong and I am also long the cfd fute today..........regardless of the index I don't think the liquidity and action in tmr has been governed by the index(es).

I think some are finding the chart hard to read and while it doesnt appear to have atypical qualities the underlying message still looks positive, to me.

I would not rely on the indexes for the clues, however, a pos ascention while the index is down is a sign, so I have been told.........hehe........so with that in mind let's see how the instrument performs under pressure.

meantime, the very meantime, I see a healthy looking message.

mm1

 

[prawn_86]

if i find a stock that i think is fundamentally worthwhile then i will purchase it. generally without looking at the chart in too much detail. IE - i bought in TMR at 24c when if i had waited i could have picked it up for 21 but over a longish timeframe this will be negligible.

i still believe over the mid to long term TMR at these prices is a good buy.

 

[Spaghetti]

Well I finally bought more today. More than I would have paid last week., oh well.

I am very pleased with Tamaya. It is a very very well behaved share so far.

Does it ever have a red day?

Having said that, and topped up, hope it doesn't turn red tomorrow.

I am very impressed with the S/P performance so far, seems stable, attracting long termers and just keeps adding a cent here and there, like everyday

 

[robandcoll]

It wont be red tomorrow. Sell side is getting thinner each day. It it takes out 36c then the sell side is real thin

 

[Wysiwyg]

Well I finally bought more today. More than I would have paid last week., oh well.

I am very pleased with Tamaya. It is a very very well behaved share so far.

Does it ever have a red day?

Having said that, and topped up, hope it doesn't turn red tomorrow.

I am very impressed with the S/P performance so far, seems stable, attracting long termers and just keeps adding a cent here and there, like everyday

Since last November, the share price has pulled back between 5.5 cents and 8 cents each time after a run.Worth noting that present and future company positions will differ.(iberian and acquisition)

 

[masterjunko]

This is one of the steady-as-it-goes type of share. I jumped on and off it a few times but every time it rewarded me. Now I am on the boat for the long haul. To the future and beyond!~

 

[alanding]

This is one of the steady-as-it-goes type of share. I jumped on and off it a few times but every time it rewarded me. Now I am on the boat for the long haul. To the future and beyond!~

Today, I got in @ 33.5c. It dropped a little. Good chance. I can not miss it anymore.

The most wierd thing about Commsec is:
I put my order @33.5c. I keep getting the quote of TMR. When the only last one order is 10,xxx @ 33.5c. It obviously not mine(I am pretty sure my order is not the last one @33.5c). But My order status is still in market!!!!

Two minutes late, a portion of 68,xxx of my order is executed. And the bid price is 0.33c. I still can amend rest of my order.

Thanks to God. It at last was executed. I still do not get the email so I do not know the executed price

Any one has such experience?

 

[alanding]

get the email, whole order was executed @ 33.5C.
So my amendment does take effect.
This is must a bug of commsec.
anyway, good result for me

 

[prawn_86]

nice to see a even close after a heavy sell down early on and a very red day across the rest of the market.

shows that buyers are actually waking up to the potential of this stock and are willing to pay for it.

i would be topping up even at these prices, with a view to hold long term.

 

[Spaghetti]

Didn't close red. Thought I may have jinxed the run. I had no access to computer until late today so was a bit in panic mode though had regular sms. Tamaya held up very well.

 

[prawn_86]

quaterly reports out. Highlights include:

EBIT 5.3million
5th consecutive quater of increased production
Cash costs reduced to $1.46/lb

Also remember that TMR is unhedged and have excellenet exposure to current prices. Plus an excellent exploration program which will only see their output increase.

Find me a better profit earning share with such a low market cap, and such good prospects.

Lack of attention to these guys is frustrating

 

[alanding]

good ann but in such bad time.
I can not see any rise today.
good to hold for long term though

 

[masterjunko]

good ann but in such bad time.
I can not see any rise today.
good to hold for long term though

It's probably a good thing that price is not going up. That means we get to buy more for a bargain.

 

[Wysiwyg]

Holders were willing to sell at 29c. and already the price is back over 30c.

Market crash or market correction.

 

[prawn_86]

It's probably a good thing that price is not going up. That means we get to buy more for a bargain.

yeh i just picked up some more for my fathers account at 30c. i would happily accumulate for myself also at these prices but lack funds at the moment. should transfer them from my old mans name to mine lol

 

[mick2006]

this one has been one that I have been keeping my eye on for a while now and have taken this recent market correction as a perfect opportunity to grab 500k at 28.5c

with a quality management team with a good track record, with production increasing each of the last 5 quarters to a point where they will be producing 12,000-14,000 tonnes of copper per year by early 2008.

With positive cashflow and massive exploration potential TMR is one of a new breed of mid-tier miners, with plenty of upside from here.

The recent Patterson Research Report (link below) puts TMR's 2008 P/E at 4.7at a shareprice of 32c so at these levels it is more like a P/E of 4 which is very cheap for a company with so much potential going forward.

With a resource upgrade due in August from both their Chile operations and their recent IBR acquisition the broader market won't be able to ignore the potential much longer.

This is one to accumulate on any weakness and watch it evolve going forward.

Interested to hear any thoughts on TMR.

http://www.tamayaresources.com/reports/download_ir.php?item=50

 

[prawn_86]

welcome to the TMR club mick

this is a buy and hold, and i cant help seeing comparisons between this and OXR in its early days. Thats just my opinion though and not based on any facts.

very bottom drawer for me, as managements goal is to have $1bill market cap by 2010. Currently its about $250mill. So 400% in 3 years is a nice return.

now we just hold and wait for the market to take notice