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2.6¢ tesoro gold ltd

Ann: Drilling continues to expand scale at El Zorro, page-38

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karmalocust

3,475 Posts.

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12/01/21

21:21

Post #: 50122786
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Originally posted by Aircore: ↑

I think the grade will be higher, probably around a gram but your tonnes are too high. If you were right the price would already be a dollar.

The whole width of 800m is not ore. The company is saying the mineralisation covers that area.
There are plenty of mining analysts who can work out the tonnes and grade. More likely it’s 1-2m oz at a gram.

That is not to say it can’t grow to 7m oz over time.

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Thats exactly why my grade is low, do it your way and it will come out the same

TSO Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
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1 Great analysis

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