SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: ralfph who wrote (806)5/30/2001 12:34:10 PM
From: tyc:>  Respond to of 8273
 
Ralph;

The mining speculation i like is Tahera Tah-T. (I can hear you groan and say "That dog". But consider)

The price is ~ .18c. An attractive level for those who like penny stocks. The fact that there are probably 230,000,000 shares out can be an asset in this mining speculation game. The important point is who owns 'em; is it the insiders ? or the general public.?

Consider; TAH has just completed an insider financing deal that saw Australia's Gutnick buy millions of shares from the treasury. I believe that I read recently that Gutnick interests control 33% of the stock.

The last tranche of the financing was at .15C, so the current .17-18c is not at "distribution level". Oh ? Am I sure ? I certainly am NOT ! This is speculation, not investing )

Fundamentally, TAH has a diamond mine (Jericho) at the permitting stage. Permitting is expected to be completed later this summer and production is expected by 2003.

What is more to the point, they have just commenced a $4,000,000 exploration programs in the environs of Jericho, to try to increase reserves available to their new mine. I look for exploration successes to be the catalyst that will drive prices to the "distribution level".



To: ralfph who wrote (806)5/30/2001 4:42:16 PM
From: tyc:>  Read Replies (1) | Respond to of 8273
 
Ralph;

Accumulation ?

Edensor Nominees Pty Ltd Acquires Shares of Tahera Corporation

via CDS

May 28, 2001 5:26:30 AM

Edensor Nominees Pty Ltd. ('Edensor'), 210 Kingsway, South Melbourne,
Victoria, Australia, announced that it has acquired 21,666,667 common
shares of Tahera Corporation ('Tahera') upon exercise of previously issued
Special Mechanism Warrants for an aggregate exercise price of $3,250,000.
The common shares acquired by Edensor represent approximately 7.6% of the
issued and outstanding shares of Tahera. Edensor now owns 104,000,000
common shares of Tahera, representing approximately 35% of the issued and
outstanding common shares of Tahera.
The securities were issued pursuant to the terms of a subscription
agreement dated July 31, 2000 (as amended).

CONTACT: TEL: 011-613-9234-1404 Mr. Joseph Gutnick