TMZ 0.00% 0.5¢ thomson resources limited

Ann: Thomson acquires advanced VMS project , page-4

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  1. 6,675 Posts.
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    Its obvious buyer is looking for stock and realises he aint going to get it at 2. Q u might be asking is why was scrap offered at 2 in first place when prev trade was 2.7. ASX shouldnt allow such things. I wld love to see some serious offers from here cos this co only has about 76 mill shares and u just don't see decent lines around. Love tight stox as this cos am in it for the major mid term reward risk on drill results and not a trade. I have a high regard for the team at TMZ and the potential of their NSW ground. They obviously have good contacts with the majors. Stox like this need to be conservative and prepare during the slump for the next resources boom coming. My best winners have been based calculated patience. Prefer to pay 3c on the patient quiet than 30c when market later becomes alert to such. Guess I am a contrarian hey.
 
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