TSO 0.00% 2.3¢ tesoro gold ltd

Charts, page-297

  1. 2,596 Posts.
    lightbulb Created with Sketch. 1833
    Hi Mate, you posted your chart and your theory and asked for thoughts?

    https://hotcopper.com.au/data/attachments/2525/2525713-7b7f59a0ba1fb63040708bdf43f1a911.jpg

    All the feedback you received was that you chart and analysis is incorrect as the fundamentals don't support this.

    You cannot use charts to crystal ball exploration results, what if, the next 5 drills all return intercepts of 60m @ 8g/t? Or, Step out drills confirming further extensions to the strike zone? a chart would not be able to predict this!!

    However, deep FA into the specifics of the deposit would give you the best indication and if you understood the Ternera deposit, you'll instant recognise that currently it has the makings of the Best Single Open Pit deposit by an ASX listed explorer, all under a MC of $300 Mil!

    Instead of taking the time the read, research and learn the fundamentals of the Ternera Deposit, you then go on the discredit Fundamental Analysis, which, is imperative for exploration investment.

    Some are trying to help you by suggesting that you go do some research to support and underpin your conviction.

    I don't think you are going to get any different views buddy.

    You can spend some time over the weekend looking into the fundamentals of the deposit. Or, back your own analysis that were will be a major pullback and waitttttt....


    Last edited by Corgi: 02/10/20
 
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