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Gold/Mining/Energy : Tahera Corp (TAH) -- Ignore unavailable to you. Want to Upgrade?


To: Gord Bolton who wrote (17)4/29/1999 7:14:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 239
 
Hello Gord

I do not want to appear unduly negative, but I have to agree. The one pipe near Yamba would be hard to put into production unless incorporated into some sort of Yamba/SUF mine decision. The Contwoyto area appears to offer TAH the greatest potential based on published information, but pipe size (ore quantity and grade) appears to be problematic.

Pockets are just not deep enough to pursue and exploit their real potential and the market is just not going to reward them based on what they have and can prove in the near term. Bottom line, unless one of their JV's comes through with a cluster hit soon, TAH is going to have to consolidate 10 for 1 or amalgamate with a player.

Market knows this and is not going to risk its wallet until it knows the ground rules and knows some pockets are paying for a first class exploration program.

Just my two cents.

Regards