Ann: Tesorito gold porphyry expands, page-182

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gammadion

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18/11/20

10:41

Post #: 48952489
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Originally posted by pustayo: ↑

Probably agree with the sentiment a little, calling a gap retrace isn't exactly genius, also first it actually has to hit the gap. Will it happen, it could but it still wouldn't be a genius move. Had the results had a little more meat on the bone it would be going the other way, so I suppose if you can read the cards or the crystal ball and work out of a circus then yes ok you are a genius and ill book a session with you. Very easy to call a stock going down, especially in a volatile gold market that is reliant on drills to hit.

Anyways, lets look at some of the positives here.

1.) We have 840k Oz JORC on Mirraflores
2.) Have 10m~ Cash
3.) Hole 8 at Tesorito was extremely good 230m @ 1GPT with some nicer intercepts like 116m @ 1.4GPT and 74m @ 1.6GPT and even intercepted Bornite towards the end of the hole
4.) 3 drill rigs on site, one assigned to Miraflores which has the DFS and JORC - DFS @ 89Mil based on 1400 USD per ounce.
5.) Holes from Chuscal due, albeit not expecting huge grade but if they do get some decent grade well thats super exciting.
6.) JV's still in place

Today was either manufactured or as other have mentioned settling other commitments due to ASX stalling out on Monday, or someone chasing stops because potentially news is around the corner.

My suggestion is we take a run up, will it be tomorrow not sure, but its def very cheap at these levels for the potential that exists here. Once they get there eye in with the drill and where they are targeting the gold, this will get to 200 - 300m market cap if the gold market condition are still in the 1750-1900 range.

Its a pain in the arse, but stocks never go up in a straight line they do pull back in order to move higher. Patience should be rewarded in my opinion, I personally wasnt happy about some shit that happened and I should have sold at 16c to preserve my capital and put elsewhere for a while as I noticed the whole sector cooling off, have the fundamentals changed all that much, not really is your answer. Holes make and miss all the time its part and parcel of defining a resource.

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Yes ... Also stop losses have been triggered and some holders are anxious about the fall. IMO it will go up from here

LCL Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $9.648M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
8	3183330	0.9¢

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Price($)	Vol.	No.
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Price($)	Vol.	No.
0.011	2095077	5
0.012	1973905	6
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Ann: Tesorito gold porphyry expands, page-182

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Ann: Tesorito gold porphyry expands, page-182

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