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"you won't catch me putting another dime into Tahera until"
try a penny! a dime is way too much now. the wording of the news definitely sucks big time. they could have put a somewhat positive spin on things by saying something like: "since September we are ramping up production to the planned 2000 Ton capacity...the new crusher is in place and gradually improving production...blah, blah, blah". but no! they hit you so hard with harsh, negative words instead, that your head starts spinning. I really don't get it. just too much to absorbe after these aganizing last few months.
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AND I was worried about PG making another public appearrance Friday/opening up his mouth again and causing the price to drop.
Maybe we need to make him a permanant fixture at Tahera, (by screwing him on top of his own desk). :-) (Just a happy thought for the day.) |
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Are they setting us up??
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Share Price
Everyone blamed the drop in share price to manipulation and lack of news. Hopefully the recent drop was a result of the recent news release and won't drop drastically except for a few mom and pops selling. We have made it this far so we need to remain patient. Do not give up now. Just keep buying and Tahera will turn around eventually. I like many others are frustrated, but did not expect to make it rich overnight. Remember where there are sellers there are buyers. Hard to resist these low bargain prices. We all new the portable crusher was delayed and therefore full production would not occur until next quarter. Nothing new here. Just the answer to the recent decline over the last few months announced publically.
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truly appalling shareholder relations
This is the part that has me really worried...
"Tahera is assessing additional financing arrangements to fund its working capital requirements in the first quarter of 2007, as the fuel and other bulk supplies for the full year are purchased at that time. The Company is also discussing the deferral of certain payments due to Tiffany & Co. with respect to the existing credit facility." Dilution. Default. WTF?? |
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When is the report due?
I too am way to deep to get out. Disappointed and really pissed off. I contacted the company a few days prior to this little bomb and they did nothing to make me feel better other than they are doing their best and that they are a new mine yadda yadda yadda.
I understand that unforseen circumstances lead to this but it could have been said differently. I believe this is going to have an effect on the pps. I have lost half almost this really sucks. When is the next quarterly due? What is the weather like up there and is fuel going to be a concern this year or have they come up with an alternative. Learn from the past. Does anyone have an ideas? |
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im still here aint goin' no where
whether its manipulated or not.. and the big boys are just trying to push the little homies out.. im pretty sure they read or have someone read this board since its the only real Tahera enthusiast site.. im still here.. im in the long term.. said it before and say it again.. i didnt even check the stock for the last 2 months.. i was too busy getting married.. i couldve cared less and im right now with about 30K shares after RS ... let it ride ..
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We who are staying won't be riding this one all the way to the bottom and bankruptcy... IF IF IF this is a legitimate mine with legitimate earnings potential in the ground.... there should be no problem coming up with additional financing? I am asking, not telling, because that is the main worry and I just don't know the answer.
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Some News
4. Jericho diamond mine in the rough
The Canadian Press October 12, 2006 - TORONTO - Tahera Diamond Corp. said Wednesday it is having problems at its Jericho diamond mine and expects to produce fewer diamonds than it planned due to lower grade kimberlite and slower than expected processing rates. As a result, the company said it is assessing additional financing arrangements to fund its working capital requirements in the first quarter of next year when it must buy its fuel and other bulk supplies for the full year. Tahera said it is also in talks regarding the deferral of certain payments due to New York-based jeweller Tiffany & Co. with respect to its existing credit facility. The company said the processing plant at the mine has averaged 1,700 tonnes per day in the third quarter, short of its designed production rate of 2,000 tonnes. Tahera also said the average grade of kimberlite mined and processed to date is about 25 per cent lower than forecast. "The majority of tonnes mined have been sourced from low-grade resource material, and from additional low-grade kimberlite material that was not included in the resource model," the company said. The Jericho diamond mine was Canada's third diamond mine and the first in Nunavut. Tahera has a marketing and financing agreement with Tiffany & Co. for the project. Under the deal, Tiffany is to buy or market all of the diamond production, and it has given Tahera a $35-million Cdn loan. --------------------------------------------------------- |
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