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junior mining stock

A Junior Mining Stock That’s Down 82% Just This Year

by Gabriel Andre on July 25, 2008

Here’s a junior mining stock that’s down 82% just this year. And it recently hit support that’s been good for almost half a decade.

Tamaya Resources Limited (ASX: TMR, formerly SMC Gold Ltd) is a copper play – it mines in Chile - and a risky one. The thing is, the bulk of the risk is now on the upside. It was trading at $0.35 on July 26 last year. It closed at a low of 6 cents last Wednesday.

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