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TMR - Tamaya Resources

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Benelong said:
So Tamaya down to 24c, a distant memory from its highs in the 30's. I'm wondering if this is a short term lull or is there something I don't know. Where to now for our beloved stock?
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I have asked myself the same question... There hasn't been any news but Tamaya continues to slide. Is the Aussie dollar having an impact or is this something to do with the delisting?
 
Down to .23 today, over 20% in a short period of time.

Qtrly report stated a few probs with Chilean ops, head grade being a little lower than last qtr and costs higher due to reduced throughput but this only a temp prob. Overall report seemed ok to me. I am considering topping up at this price.

Copper price is getting hammered which will also be having an affect on sp as well as general mkt weakness.

Anyone know anything more?
 
dual listing comming up soon, gold mines ramping up next year, i see this price as rather cheap and a wonderful buying op for a good company with now fantastic managment, and if i had some more cash would buy more to get my average price down!..
 
Dual listing?

I hadn't seen any news on that. Where are they planning on doing this?

TSX, AIM?

Is there an annoucement and time frame?

Sorry just filing in limit
 
tsx early next year from memory, as others have said, hugh has done some great stuff for this company in the past 8-9 months, next year looks great for them
 
Great news then.

TSX will hopefully give them a better value than Aussie investors.

Going on past experiences should be a good time to hold into dual listing and maybe a bit after.
 
The market seems to have become bearish on smaller companies that have not reached full production. Makes sense, perhaps they want proof is in the pudding during times of volatility.

What doesn't make sense is that speculators remain bullish lol so you end up with companies with good quality assets headed south and companies with a few good rock chips headed to the moon.

Perhaps we need the speculators/traders to dump pipe dreams and take to the much lower risk stocks like Tamaya while investors sit it out until production.

Hope it makes sense. Investors have become more selective so now we need speculators to become more selective. There is a gap to be filled!
 
Ahhh good news today at last, even if it is that something is about to happen a month down the track which we knew was going to happen anyway. A good news story like that every few days and we might just have TMR back up to where we'd all like to see it. But then again as my mother always said, "good things come to those who wait".
 
Over several decades I've picked some great stocks. This is another cracker. Not many junior miners go onto become majors; this could be one of them. That deep ground in Chile looks very interesting indeed. Be patient good Tamaya investors. The only losers in the unfolding scenario will be the "clever" suckers who held onto their Iberian shares. This is one you can recommend as a medium term investment to your mother in law and your grandmother and they will love you for it!
 
Impala,

Please provide evidence as to why you think Tamaya is such a good stock. Either technical or fundamental, just a few reasons why, rather than just stating that it is.

thanks

ps - i hold
 

Lol at the mother in law impala, i don`t have a mother in law but some of the maybees i have met you wouldn`t give the time of day. let alone a possible billion dollar company tip.:
 
Iberian Resources Limited (ASX: IBR and “Iberian”) wishes to advise that the securities of Iberian Resources will be suspended from quotation by the ASX from the close of today, Friday 30 November 2007.
Following this, Iberian Resources will be removed from the official list of the ASX Limited from the close of business on Wednesday 5 December 2007.
This complies with listing rule 17.11 and is in accordance with the de-listing arrangements confirmed with the ASX and outlined by the company to all shareholders in October 2007.
Tamaya Resources Limited (ASX: TMR) holds 86.2% of the shares of IBR.
 
it looked like someone deliberately depresses TMR by placing significant sell orders. any ideas or explanations about the orders?
 
Prawn 86: I've met some of the key players and really rate them.

Wysiwyg: A billion dollar market cap will be too light when they've finished their Chilean drilling. Look at Oxiana's mkt cap track as a rough precedent. Good luck with the mother-in law stakes, I was very lucky there, makes a big difference to quality of life, but yes, there are plenty you'd want to avoid!

Yang xh; You'd need evidence to prove that. Not possible to get - you could only track the selling broker. Buy in at the current price off the suckers who are selling, and be prepared to wait about 3-5 years.
 
I cannot believe the share price of tmr at the moment... amazing opportunity for people to average down and get some more.... ive held this since i bought at .30 when i came across it...the current price is a joke, and the few people that follow this stock will know it.... and i agree with impala, the people selling have no idea what this will become in a year or 2, and sucked in to those selling to us! long term hold but geez its exciting every time i look at it.

just reading back through some old presentations etc, tsx listing is aimed for march it says in a september quarterly report, 4 mines in production by 2010. With the lichkvaz gold mine, they were expecting $40million a year from it when it comes in full production in march next year, worked out at gold being $670us/oz at the time.... look at the price now, almost $900.00 ... if prices hold at 900 (and many people expect them to rise) then thats going to be another $200+/oz!! oh wait, and this also doesnt include the portugal gold projects or charters towers qld ... and who knows what the big drilling programs in armenia/chile will uncover throughout the year.

the numbers say it all, dyor
 
re - gold projects, there are many... check out the play at latitude from a previous release:

"The key property in the Latitude deal is the
Filipina Grande project, northwest of Vallenar
in Chile�s Atacama region. It contains 12 Mt of
sulphide material grading 1.28% copper and
0.34 g/t of gold, plus 2 Mt of oxide material
grading 0.83% copper.
Tamaya plans to start a pre-feasibility study
into a 8,000 t/d operation producing 30,000 t/y of
copper and 22,000 oz/y of gold-in-concentrate. There is
also the potential for iron-ore credits, with Tamaya estimating
the combined project is capable of generating
annual EBITDA of A$170 million from July 2010."

As each week passes, we're a step closer to gold production. Every market indicator is showing that Gold will pass $US1000.00 this year. The timing of TMR's entry into gold production couldn't be better. Watch how Hugh moves - it will surprise us all. He will not be content to sit back on a market cap of say $5b, he will want this to be the next OXR. Not many better prospects than TMR at the moment IMO.
 
I really do not understand that with higher gold and coper price, TMR SP is droping.
Any thoughts?
 
Have any mining stocks gone up recently ?>?- have you seen what happened on Wall Street on Friday?

These are my thoughts.
 
ASX ANNOUNCEMENT
14th January 2008
• Tamaya settles 2008 Concentrate Sales at Significantly Improved Terms
• Settlement terms reflect International Smelting Terms
Tamaya Resources Limited (ASX: TMR) is pleased to advise that settlement has been reached on
the 2008 terms for the sale of its copper concentrates. The agreed terms are forecast to deliver
cost savings from January 2008 and reflect current international terms for copper concentrate sales
and refining agreements.
Settlements were reached with two customers whom TMR will be selling its concentrate to in 2008
from its wholly owned Punitaqui operation in Chile. Final terms are as follows:
• For one customer the TC / RC was agreed at US$45.00 per dry metric tonne (dmt)
concentrate / US cents 4.5 per lb payable copper with freight parity at 75% of international
rates to Asian ports, and for the second customer US$ 47.00 per dmt concentrate / US
cents 4.7 per lb payable copper. In each contract, no price participation will be payable in
2008, in line with international terms.
• The settlement by TMR at international terms was achieved with customers whom the
company have long term off-take agreements with and represent an improvement on the
2007 TC/RC terms of US$ 60.00 / US cents 6.0, with price participation of 10 US cents per
lb payable copper.
The settlement of 2008 smelter terms by TMR with customers who have long term off-take
agreements in place with the company, demonstrates TMR’s ability to secure favourable
international terms through its experience at board and senior management level as well as its
increasing concentrate production levels due to the expansion of its existing Punitaqui operations.
Mike Fischer, Managing Director
Tamaya Resources Limited
Media:
Fortbridge +612 8399 0089
Bill Kemmery 0400 122 449
 
also on ninemsn news.


http://money.ninemsn.com.au/article.aspx?id=345308




Tamaya improves terms for copper sales

Tamaya Resources has settled on improved terms for the sale of copper concentrates from its wholly owned Punitaqui operation in Chile this year.

The Sydney-headquartered company said the terms were forecast to deliver cost savings from this month onwards, and were on par with current international terms for copper concentrate sales and refining agreements.

Tamaya said the new settlement terms were with two customers with long term off-take agreements in place and were an improvement on last year's terms.

The junior is increasing concentrate production levels with the expansion of its existing Punitaqui operations.

Shares in Tamaya were half a cent lower to 22 cents at 1215 AEDT Monday.
 
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