This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

TAS - Tasman Resources

Jump to new
Well seems they have good news all round.... it's official .... " High Grade Silver also at SA Gold Project "

High grade silver associated with the recently reported high-grade gold assays
received at the Parkinson Dam Gold-Silver Project:
SILVER: 21m downhole at 83g/t Ag, including 9m at 152g/t Ag
GOLD (As reported previously, same interval): 21m at 21g/t Au, including
9m at 31g/t Au...

Very interesting it seems they are on alot of wins at the moment....
 
TAS seems to have a new support at 27Cents. This is a good sign as it has continually been on the up over the last 6 Months
 
The announcement by EDE that the Indian Govt has a target of having all it's natural gas powered vehicles,estimated at 1 million vehicles or 20% or the total Indian vehicles running on Hythane by the year 2020 must reflect on the SP of TAS. The EDE SP has improved of a recent low today and this should also show for TAS. TAS is a much undervalued stock in my opinion, especially when you take into account it's holding in EDE along with it's other interests such as the Parkinson dam and Lake Torrens projects.
 
TAS has, in effect, given their shareholders a nice dividend. The 1 for 10 offer at 20c with 1 free option is today worth a premium of 6c for the share and 10.5c for the option. this represents a rise of 82.5% in the value of the 20c payment and an 8.25% "bonus" on original holdings. A good example of dividend reinvestment. Because my TAS are held at an average cost of 14.1c per share the return to me on my Tas investment is even better. I'm looking at this one as having a good future.
 
I agree up to my ears on this one Nice support @0.25 and will pass resistance @ 0.28 when drill results are analyzed
 
TAS has fallen to less than 50% of the 6 month high, a high that was almost reached only a month ago. There doesn't seem to be any bad news regarding TAS that could be a reason. EDE has a similar trend yet the news there appears OK. Any suggestions?. The general market isn't falling that fast.
 
I can understand investor disappointment with Tas. They had built up momentum with drill results from Parkinson dam and the JV Drill results at Lake Torrens. In fact it was the Lake Torren drill result headline "Massive Alteration" that grabbed attention of a few investors as volumes started to improve. The next drill report at Parkinson disappointed in November and the slide started. Tas have really dropped the ball of late in that they have a huge exploration portfolio and a couple of excellent exploration digs under way and drilling of late has been non existent. They state a lack of drill rigs in a time of great industry demand which is true but investors don't really care about your problems, just your results and if you can't give them any...However they have finally started drilling Parkinson and results due in March.
 
I,ll correct myself here... Parkinson Dam drilling to be completed March and results April. Lets hope for some bumper results especially in the silver assays
 
TAS has gone into a trading halt today. The SP has been drifting lower and lower for sometime now. No doubt the announcement will have an effect on the SP. We can only hope it is one of the announcements we have been waiting for and that it is good news. I doubt that it will relate to EDE as the EDE shares are still trading although they have risen substantially today.
 
Its to do with the acquisition of Meteore Metals by Fis(Tas 49.5%). Whether this is can help with Tas ailing Sp is anyones guess? I really wish Tas would busy itself drilling and JVing its massive exploration areas and thereby providing the market with much needed positive news flows instead of spreading its undernourished wings even further. Oh well long awaited drill results due soon:sleeping:
 
Oh well 21.21% up... on a vol of 360,030... means that the news must mean something to someone...
 
TAS would have to be undervalued at todays prices. Their interest in EDE and FIS at todays prices for EDE and FIS almost equals the total value of TAS as quoted today. No allowance seems to be being made for the other projects TAS has going and the fact that they had cash on hand of $5.5M at the end of the March quarter. TAS only has a market cap of $15M. Am I missing something with my calculations or is TAS todays bargain.
 
Yummy .....

Might be good ?

Hope you boys kept your holdings .....


Trading halt, Possible Significant Shale Oil deposit in SA .....
 
Amazing,

This has gapped up 60%+ and is now doing volume at 80%+ in what can only be described as some of the toughest mkts I have ever seen

Shows there is still some life to be had in spec exploration plays that offer large upside,

Energy (ie Oil Coal and CSG) as well as Iron Ore (Manganese too) are my prefered sectors going forward

Well done to all holders
 
Re: TAS- Tasman Resources

worth watching, I pulled a few bucks out of it on a day trade but didn't really have the volume to keep me interested.

Maybe just a bad day for good news to have much of an effect.
 
Re: TAS- Tasman Resources

There is a another thread on TAS check it out. This is one I have been saying is undervalued. They have had an SP only equal to their holding in EDE so everything else is a bonus.
Maybe the mods can delete this post and include the others in the old one
 
Re: TAS- Tasman Resources

roland said:
worth watching, I pulled a few bucks out of it on a day trade but didn't really have the volume to keep me interested.

Maybe just a bad day for good news to have much of an effect.
Click to expand...

1,852,270 buyers and 770,772 sellers, is that good volume? so more than 100% increase, in percentage terms what constitutes good volume?
 
Re: TAS- Tasman Resources


SP equal to EDE could you explain?
sorrys guys I just found the other post, will move my comments over.
 
Re: TAS- Tasman Resources

r34ztune said:
SP equal to EDE could you explain?
sorrys guys I just found the other post, will move my comments over.
Click to expand...
Check the market cap of EDE. TAS hold, from memory, about 25% of EDE. EDE is developing Hythane as a fuel and have coal seam gas projects in Wales.
 
You must log in or register to reply here.

Similar threads

P
RCO - Royalco Resources
2 3
Replies
59
Views
16K
System
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...