What the investor relation said to me...
posted on
May 17, 2011 07:55PM
Targeting 2013 annual production of 118,000 ounces of gold
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No wonder why I could not get hold of the Investor relation Alex Tsakumis. He was in Sonora, Mexico the TMM’s mine site.He was excited about what he saw at the site.
Just before the market close, I spoke to him.
Bunch of news is on the way, he said. The company is getting rid of PRRF's 25 million shares through investment companies who are very willing to buy them outside the market. They have already disposed of 1.5 million shares, the reason TMM could not go past the $2.50 price after the May 11 news.
Furthermore, he said the life of the mine has doubled and the next round of news release would show significant addition of ounces of gold to TMM. Its cash flow would significantly increase.
This stock in my opinion will soon develop some wings and feathers. Our patience wouldpay off for a quick $3.00 a share once this news is released.
Listing with American Exchangeis just 2 months away. A new CFO is coming to TMM, not just any CFO but someone with a name from a bigger company.
I picked up some few shares todayat $2.23. I just keep buying on dips.
Good luck to us long.