TSO 0.00% 3.7¢ tesoro gold ltd

Ann: Change of Director's Interest Notice x2, page-8

  1. 3,138 Posts.
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    not a fake , a treasure map. A smart move by Zeffron to get TSO rolling which it did with gusto. Ensuing drilling has proven up a resource, good luck to him, but there is still away to go in getting a resource that would attract funding for the next stage .
    Surprisingly Gold Explorers are not attractive to investors at present. The situation supports my point in that the 1 bil shares on issue
    will be passed very quickly. and be heading to 2bil.
    you could say the share price fall in the last 12months , 17/18 cents to today 5cents , reflects dilution, so you could be looking
    at 2cents this time next year unless Zef flogs it off.
    Disclosure. I was with Zef when he was scratching for copper in his previous venture. He has had a lot of practice using the ASX
    fund raising channels.
 
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