Tasca Resources (TAC

If you look at the latest stock chart for Tasca Resources (TAC.V) and wondered what te the everzwijn loving christ on a pancake wasgoed going on with the thing, you’re not alone. It’s not exactly a household name, has a market cap around about the value of a downtown Vancouver real estate teardown, and would require an understanding of what Germanium is to make head or tail of their webstek.

And prior to the last day of October, it had pretty much sat te a puddle of its own making for some time.

But if you kiezelsteentjes down the edges of that daily stock volatility of the past two weeks, and average things out, you’re looking at a stock that’s gone from $0.05 to $0.38 ter 14 days, which is notable, even ter thesis blockchain/tulip mania times.

The webstek calls Tasca a “Lead, Zinc and Germanium Chance te Austria,” which it may well have bot, but the activity recently isn’t about lead, strafgevangenis zinc, strafgevangenis zonderling minerals used ter semiconductors.

So I called up the Tasca geo and asked what’s up.

Tasca Resources Ltd. has signed a definitive agreement with an arm’s-length vendor to acquire 1,580 hectares of prospective mining claims located ter north-central British Columbia, approximately 40 kilometres south of Houston.

“Recent developments te this area of British Columbia have truly caught our attention,” stated Clive Massey, Tasca’s voorzitter and chief executive officer. “Tasca made the decision to strategically position itself ter this geographic location and seize the chance to be a very first mover ter what wij see spil a potential emerging area play.”

The Tasca property lies Two,500 metres to the south of the [company-owned] Fresh Nadina [silver] voorwaarde block and contiguous to the east to the Lions Gate Metals Inc. voorkeur block […] Tasca plans to review the assessment record for historical work on the fresh eis block to assist te the programma of an exploration program to assess and evaluate them.

This news is not mind throating. It’s not spel switching. It’s meat and potatoes “we’re actually doing something” stuff, the likes of which you normally only see when you look back into the archives of a company where you missed the $0.05 to $0.40 run and are hoping you can catch the next one.

But for a company that had bot stagnant for some time, this is a ringing church bell. Activity is a good thing, and activity at a low market cap (even after the aforementioned run), is something to investigate.

Very first, the overeenkomst is filth cheap.

I mean, Wal-Mart pays its greeters more than Tasca paid for his property.

The terms of the agreement call for a contant payment of $Ten,000 and a share payment of 1.Five million common shares of the company, subject to TSX Venture Exchange approval.

The 1.Five million shares of the company were worth $75,000 when the overeenkomst wasgoed done. They’re now worth $570,000. I’m guessing the former owners are okay with that.

R. Tim Henneberry, PGeo, Tasca’s geologist and a qualified person, spil defined by National Muziekinstrument 43-101, has reviewed and approved the technical information contained ter this news release.

Henneberry has bot at this spel for a long time, and he likes what he sees at the fresh Tasca property. Ter fact, he likes it so much that he’s submerged his hard earned into the private placement financing the company has run to get embarked on it.

“I’ve bot involved te a few of thesis te my time,” Henneberry told mij on the phone earlier this week. “I’ve done pretty well on them, because I have a good idea of what wij’re looking at. I don’t leap on any old financing, but I like what wij have here,” he added.

He shows up to be a man of his word, because a week after the initial land pickup, Tasca wasgoed at it again with more:

Tasca Resources Ltd. has signed a mineral property option agreement with an arm’s-length vendor to acquire Trio,710 hectares of prospective mining claims ter the Omineca mining division located ter north-central British Columbia, approximately 40 kilometres south of Houston.

Tasca voorzitter and chief executive officer Clive Massey stated, “The addition of thesis claims to our existing land package ter the Houston area puts us te a very strong position, both geographically and strategically ter this emerging area play, while at the same time solidifying our position spil a very first mover ter the area.”

The Nadina property consists of two blocks of claims. The very first lies 1,000 metres to the westelijk of the fresh Nadina voorwaarde block and contiguous to the north to the Lions Gate Metals Inc. voorkeur block… The 2nd block lies Trio,500 metres to the north of the fresh Nadina voorkoop block. This block has prior exploration history, hosting a 1,600-metre-wide charegeability anomaly.

Tasca plans to review the assessment record for historical work on thesis eis blocks to assist ter the programma of an exploration program to assess and evaluate them.

Now, if Tasca thinks there’s something there, something they indeed like, this is how you go about it. You don’t make a splash and drive up the price of the land around you, you calmly go ter with a geo, find land holders who are doing nothing with their claims, and suggest them some mannetjesvarken money to go away.

Spil you collect more, the prices goes up, but you have a grace period where folks have no idea who you are or what you’re programma, and during which you can gather fairly the portfolio of projects.

The terms of the property option agreement require Tasca to make contant payments totaling $100,000 and kwestie 1.Five million common shares of the company to the vendor overheen three years.

Eventually, tho’, word embarks to filterzakje out and your ridicu-cheap shares get less cheap.

AT THE REQUEST OF IIROC, TASCA KNOWS OF NO MATERIAL Switch Te ITS AFFAIRS

Te view of the unusual rise ter the share price of the common stock of its shares, Tasca Resources Ltd. is not aware of any material corporate development or material switch which could account for the price switches.

Okay, now the word is out. Tasca is ter play, tho’ how it’s ter play remains to be seen.

There isn’t a loterijlot of stock out right now, so that volatility you’re eyeing isn’t the sort of “OH MY Godheid EVERYONE IS BUYING IT” budge that it may primarily feel like. Basically, if you took your kid’s monthly lunch money and bought TAC.V tomorrow, you’re likely bumping the stock up a few cents.

Playing it pursuing big gains is not the smartest budge just yet, with so little informatie out, and the ink on the overeenkomst documents still likely to smudge.

That said, it wasgoed up 21% today..

At the very least, watchlist this thing. Keep an eye out for news and witness the swings. No whammies.

Disclaimer: ALWAYS DO YOUR OWN RESEARCH and raadpleging with a licensed investment professional before making an investment. This communication should not be used spil a ondergrond for making any investment.

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