TSO 7.14% 3.0¢ tesoro gold ltd

Ann: $21 million capital raising to underpin exploration, page-133

  1. 6,604 Posts.
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    We are in a much better position as a company than we were when we just had great results, promising ground and not enough cash to do all the drilling needed for the MRE etc.

    Now with have the ground (with a few more good results under our belts) and the uncertainty of our cash position moving forward out of the way.

    Gold is not much lower than what it was when we were at 52c.

    Ok 52c the market decided was overbought, but mid 20s is well in oversold territory IMO.

    This is a lower risk 2021 success story in the making at a pre Xmas discount. All IMO.
 
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