Spec mining stocks.include TAS

Over time I have come to the conclusion that the best time to buy into anything is never during a boom. I have tried to buy up during a bust cycle and wait for a recovery. Mining stocks are being hit for six right now. TAS is suffering from this and it is probably the main reason why there is an out of balance between EDE and TAS. This has been the main reason why I have had the controversial relative ratios.

This week I have been laid up. To fill in time, between monitoring HC of course, I have spent a lot of time looking for some good spec mining stocks that have potential to bloom. I keep comparing them to the mining exploration interests that TAS has in its portfolio.

I can't find any that have potential income to support exploration without dilutive fund raising or partnership arrangements that compare in any way with TAS and its shareholding in EDE. Now this may seem like a backflip but personally I see it as a case of reassessment of the situation as time and circumstances change. I have often said that my relative values are based on facts and market sentiment. They still are. I see a change coming in sentiment and an investor attitude towards TAS. China has a huge population that is changing towards a more prosperous society. They will create a market the size of which will be massive. They will have the green revolution that will be necessary to correct massive pollution alongside the need to upgrade infrastructure. Their requirements for minerals will go past the iron ore base and boost the demand for copper, nickel, zinc etc alongside the advantages that products like edencrete offer.

I am therefore now intending to stay heavy in TAS compared to EDE to the extent that I will trade that way until the ratio gets to 1.2 TAS = 1 EDE. Subject to a daily review as usual. I will be happy to see TAS renew its prospecting as edencrete helps pay the way.

Remember the sign though that said "Don't follow me. I'm going fishing"