Current Trade

Wednesday, January 5, 2011

Buy TME.V .34 to .39 cents

For a low risk entry into a good story stock with NI-43-101 support.

TME.V has had a bit of a dip to support along the 200 day average...  Definitely by any standard used to evaluate gold issues selling for twice to three times as much... TME is undervalued, and should see a move up from this level IMOP.

TME Insider data

Whack of insider buying as late as November 2010... and at higher prices.

A snippit: Comes from this article Bundle Up

Another company is called Temex Resources Corp. (TSX.V:TME; FSE:TQ1). All of its properties are along the Abitibi Greenstone Belt in Ontario. The company has an NI 43-101 resource of about 1.2 Moz. from surface in an area called Shining Tree. With 1.2 Moz., I think Canaccord has said an ounce in the ground should be valued at about $100; Temex is trading at a market cap of about $40 million. So this company should be trading three times that, particularly considering its location. Temex also has a 60% (and Goldcorp a 40%) interest in the past-producing, high-grade Hallnor Mine near Timmins, Ontario. The company has a lot of money in the bank, and it should be able to post plenty of good news throughout 2011.

Temex corp ADX trader chart study

No shorts

Short History since November, and that was not noteworthy.

Symbol Report Date Volume Change

TME - V 2010-10-15 -150

TME - V 2010-09-30 150 150

TME - V 2009-11-30 -20,000

TME - V 2009-11-15 20,000 20,000

GLTA Lostoutwest

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