TAS 25.0% 0.5¢ tasman resources ltd

Odd post....exploration mining is an exceptionally hard...

  1. 2,238 Posts.
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    Odd post....exploration mining is an exceptionally hard industry...they have had success with finding good exploration tenements but drilling is expensive....the Vulcan deposit will most probably need 300 to 500 drill holes to find anything....
    Have a look back when tas did a capital raising for Ede....wasn't because there was an abundance of funds out there
    I get it you think Ede is the bees knees.....but without tas backing...Ede would be in administration...how quick you forget what dire straits it was in with no money....and here's another one for you....tas share of Ede would equate to atleast 30 cents currently....it doesn't have a billion shares on issue....usually alarm bells for any penny dreadful stock. tas is a good long term investment....trade back and forth if you like...but real value comes from holding.....eg like warren Buffet.....you know that investor lol
 
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