TAS 0.00% 0.4¢ tasman resources ltd

what about tomorrow, page-8

  1. 624 Posts.
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    I think it is fairly likely TAS have located a new large iron-oxide system a relatively short distance from Olympic Dam.

    However, odds on are that it is barren (this is my guess). There a lots of iron rich breccia systems there abouts across SA but most are not economically mineralised. Probabilities are of the ilk of kimberiltes pipes and diamonds I suspect.

    It will be great if it is economically mineralised and it may take more holes to intercept ecominic mineralisation. Good luck to all who hold.

    I sold my remaining TASO at 7c mid afternoon. It subsequently kept rising to close at 12c. I was busy and only had a few TASO left. I accept this miss as part of the cost of being an out-of-work-hours trader.

 
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