TSO

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3.4¢ tesoro gold ltd

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DM1337

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31/10/20

21:16

Post #: 48556196
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Originally posted by tretchikoff: ↑

Its not simple.

With the Ternera deposit which is one of 5 KNOWN (important word known hence capital letters) so with Ternera we are about half way or nearly half way up the first speculation curve.

BUT

We have several more known targets (being likely deposits) within El Zorro. That are all going to be drilled.

AND

Then we have an unknown number of targets and deposits in our 55km of expanded footprint.

This is not an ordinary situation. Most mining specs are definitely not in this situation especially not in a Tier One proven gold bearing country like Chile with close infrastructure and a high level of security, economic and law an order.

So we might climb to near the top of explorer stage on one deposit and we are just starting to discover gold at another.

We could be drilling and discovering new deposits for years and this is quite likely IMO.

Not that we wont have pullbacks and peaks (we are in a pullback now after just having a peak) its just the speculation of what we might be about to unearth has years to run here.

Long answer short TSO probably doesn't fit into the standard box that this diagram describes. This diagram is more for your standard company that has one deposit drills it, defines it, goes through the studies, builds a mine etc.

We will do all that but at the same time IMO we will always (for the foreseeable future) be drilling new ground and new deposits at the same time.

Hope that makes sense...

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Thanks @tretchikoff, that does make sense. Currently not planning on selling anything, got my main parcel and trading smaller parcels at these levels to accumulate. Fingers crossed Jeff and the TSO team find gold everywhere

TSO Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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Epic, page-161

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

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Epic, page-161

Top Stories

Buxton projects new graphite province discovery at WA Narryer play

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

BCI reaches close of funding facility for salt-first part of Mardie project

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News