TAS 0.00% 0.3¢ tasman resources ltd

some thoughts.....very...very "strange" announceme, page-9

  1. 4,667 Posts.
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    re: some thoughts.....very...very The (sad) reality is that TAS haven't found anything. The holes they drilled would have been highly targeted...not willy-nilly tagets. The fact they did not turn up anything must be taken at face value: it is a very poor result.

    I am not bagging anyone, or casting doubts on the integrity of management by saying this.

    I am simply being pragmatic.

    It is an exploration company and unfortunately - as often happens with explorers - you don't find anything.

    It may be time to move on but for those willing to hold on, I wish you good luck.

    PS: Degrey IS a better option right now. Last week was an excellent opportunity to buy in. Innamincka (INP) should also be watched closely. I don't think the market fully understands the significance of the gas flow they have yet.
 
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