TSO 3.85% 2.5¢ tesoro gold ltd

Ann: Drilling results demonstrate wide gold zones at El Zorro, page-277

  1. 2,485 Posts.
    lightbulb Created with Sketch. 1813
    Yes 100% agree.

    Judge one by their actions and not their noise and what the company is delivering is impressive. You can not go any harder than working around the clock 24 hours a day. Take a look below. All our drills are diamond cores, why? to generate a robust geological model and robust met testing to feed into the feasibility and ultimately full BFS.

    https://hotcopper.com.au/data/attachments/2424/2424699-52371221beaa0ba813125d3e5ccb1e62.jpg


    https://hotcopper.com.au/data/attachments/2424/2424696-623e9be36a85c65d9ed86bddb55165e6.jpg

    https://hotcopper.com.au/data/attachments/2424/2424708-4e52ad5bca62c8e1e11d17dc4ccf2aca.jpg


    Additionally, timing is everything, it's hard to compare, what is happening in the macro economic environment is unprecedented a moreso with the POG.

    A I think TSO along with a few other Companies are well positioned in the right place at the right time. (Smartarses please don't reply, you may have your view, but this is my view based on my evaluation and yes i could be wrong, you don't need to tell metongue.png)

    Look at where NST were a little over 10 years ago, they were a 4c company with a 5 Mil Market Cap that commenced their life acquiring a small scale mining operation and with the rising POG grew through accretive acquisitions into the $10 Billion Beast they are today. You see, there is too much emphasis on exploration and grades and not enough on the feasibility and money aspect on business, that is where a company can bring value back to shareholders.

    https://hotcopper.com.au/data/attachments/2424/2424686-1a3d9f3c1e2972c0c147ab1a8c17ac7d.jpg



    What is happening now is different to that of the GFC. A falling USD index, unprecedented employment, wage/salary decline & trades wars leading to rising cost or both imported and locally produced goods. Can't see many nations climbing out of this hole in the next 5-10 years, let me explain, it'll probably take another 3 years to realize the full economic impacts from the lockdowns, another 3 years for an industrial revolution to be resurrected and another 3-5 years of transition. Let's be honest, things will never be the same again and Aus won't have a choice to become more self sustaining, we need to invest in the manufacturing and production technology to once against become a nation that produces not one that borrows to consume. We won't have a choice.

    What all this fluff talk means, means, the POG will remain strong for well over the next decade, don't know about reaching $3000, but definitely well over $1500/usd/oz!


 
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