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Temex Resources Corp. > Message
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Re: Re-read the NRs

Posted by: rapidrob on May 11, 2008 09:58AM

In response to: Re-read the NRs by cappysmart

Not to mention the very impressive Corporate Presentation from April 2, 2008. Every time I get the itch to put some $$ into some other McF lotto, I remind myself to just buy a little more TME and be patient . When it does stir, it will move quickly, because much of the stock is with long and seasoned holders. NOT is sucking up so much emotional energy right now, expect a large response from TME when the NOT news is out and settled. Also, I notice posters at various sites are so locked in bashing on tonnage that the significance of the grades of these Ontario deposits is largely being ignore. Yes, world class tonnages are essential to long term base metals in lower grades because the Capex to develop is so high, long term and risky. The power issues in S.A. for example are now emerging as critical cost/valuation factors, despite being forecast 3 years ago.(Just look at Ambatovyfor example of capex and op cost risk).It is a lot cheaper and faster to mine high grade deposits, a critical factor to discounting rates used. While still speculative, risk/reward on TME is looking outstanding in my comparisons.
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Tme-durham-bc
Bruce Durham
Temex Update
February 29, 2008

Temex  Update with a focus on Webequie Noront area activities

 

 

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