TAS - Tasman Resources
- Thread starter constable
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Those of you looking at the TAS/EDE link should check this out.
The link below gives an indication of the potential for ACE supplying components to EDE
http://imagesignal.comsec.com.au/asxdata/20060606/pdf/00620027.pdf
Maybe another way to get on the EDE bus without buying EDE!!!
The link below gives an indication of the potential for ACE supplying components to EDE
http://imagesignal.comsec.com.au/asxdata/20060606/pdf/00620027.pdf
Maybe another way to get on the EDE bus without buying EDE!!!
Asolutely spewing i missed the sell out!
Despite the most obvious facts there doesnt seem to be a direct correlation between the 2 sp's this morning anyway.
Still happy to have picked up more this morning @ 21 cents bringing my av to 20.6.
Fear and greed are the order of the day !!
Despite the most obvious facts there doesnt seem to be a direct correlation between the 2 sp's this morning anyway.
Still happy to have picked up more this morning @ 21 cents bringing my av to 20.6.
Fear and greed are the order of the day !!
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Dumped my load at 23c, knew it was going to do this after reading the ann this morning.
Could be an opportunity to come back in over the next few days as things pan out and I think the revaluation of EDE will continue, but at a slower pace.
Could be an opportunity to come back in over the next few days as things pan out and I think the revaluation of EDE will continue, but at a slower pace.
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hey noobs, you might end up having to eat that goose
Agree the price action isn't exactly favourable at present and I expected the market to react more favourable to the announcement. I however am undeterred as I am in this for the long term and I got in through the IPO at .20c although I have topped up on TAS since. People day trading this stock would be feeling it but I have no doubt that this one will be multi bagger in 6 months time! I still firmly believe I am sitting on a golden goose its just a period of time b4 it starts laying some eggs!!
As always DYOR
As always DYOR
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noobs said:
I hope u r right when you say this (I hold TAS). But I'm not sure what gives you the impression it will be a "multi-bagger".
Is this based purely on the relationship between TAS and EDE, or on other specific factors relating to TAS?
I have held TAS on and off for a while, but to be honest, int's been pretty underwhelming. This EDE thing raised my interest again, but once again, underwhelming response by investors. Not enough volume I dont think.
Agreed brace face we need plenty more volume to get this one moving and some more +ive announcements - I was actually referring to EDE as being the golden goose but I now have a substantial holding in TAS also solely because of their holding with EDE. Personally I don't know alot about TAS and their projecst but I am very confident that EDE will be multi bagging by early next year and I hope that TAS follows accordingly. Just my views and DYOR
noobs said:
Dont hold your breath.
JRL holds 40% of EME and 10% of URA. It has been trading at a discount to the some of parts value for ages now ie. several months. JRL is trading at about $1. Some of parts of investments and cash gives $1.80+. This is allowing $0 for its own projects.
How things can change in a month! Sold out the my holding in two parts 1 @ 17.5c and the other at 15c yesterday for a decent loss. Still happy... i dont think so!constable said:
Where did i go wrong? ...blinded by fundamentals and didnt carry a tight stop loss. Funny thing is at @ 15 cents it probably a good buy and still cant understand the lack of interest in this share ( which probably fanned my stuborness in holding ). Theres a name for this theory why people hang onto falling stocks but it escapes me. Something cognitive i think.
Anyway bought in to som with the proceeds which thus far has recouped tas's losses, (otherwise wouldnt have had the balls to post this confession!!)
good luck to anyone still holding .
I"m still holding. I keep reviewing their value/price relationship and consider them good value so I hold. I have considered buying more and am watching for favourable announcements which will encourage me to act. As an investment they still have possibilities. I hold as a business judgement and not through stubborness (I hope).constable said:
Likewise Noika,
Sitting on a substantial loss at present but I hold this for long term and am not too worried about current SP. The drilling results form the Lake Torrens (1st Quarter 07), Chudys & 50 Mile prospect (1/2 Half 07) projects should hopefully arouse some interest likewise further advancements with EDE which I also hold long term.
Sitting on a substantial loss at present but I hold this for long term and am not too worried about current SP. The drilling results form the Lake Torrens (1st Quarter 07), Chudys & 50 Mile prospect (1/2 Half 07) projects should hopefully arouse some interest likewise further advancements with EDE which I also hold long term.
Good news on boardroom radio today for EDE this should reflect on the SP of TAS over the next few months as Hythane becomes more accepted in India.
I'd be interested if someone with a better brain than mine could suggest the rise in value of TAS shares related to the rise in value of the SP for EDE. LIke many other investors I bought TAS on the basis of it's large holding in EDE and the development of Hythane by EDE.
TAS SP has risen only 1c while EDE has gone up by 10c in the same time???
I'd be interested if someone with a better brain than mine could suggest the rise in value of TAS shares related to the rise in value of the SP for EDE. LIke many other investors I bought TAS on the basis of it's large holding in EDE and the development of Hythane by EDE.
TAS SP has risen only 1c while EDE has gone up by 10c in the same time???
Hi noika see post #11 and 12 but basically every time ede's sp goes up a cent it should add half a cent to tas....obviously isnt reflected in tas's sp which has been frustrating.nioka said:
Its been in the dark for a while now but the sp, if it gets any volume, has got a fairly clear run back to 19.5 c .
Thanks. According to those calculations TAS should be at 23c today. The shares are certainly discounted and I can see no reason for it. Is there a liability factor in TAS assets that I can't see? All I can find is other assets that should add value.constable said:
Tas's holdings of ede are on escrow (check ann for date) but only a problem if they intended to sell which i cant see happening. And yes their other tenements should be worth a dam site more but until the market puts up the volume it flys under the radar.nioka said: