TSO 3.33% 2.9¢ tesoro gold ltd

TSO - Best Gold Explorer in 2021?, page-385

  1. 498 Posts.
    lightbulb Created with Sketch. 944
    LTR, with a 15% increase in SP, has just added $120M to its market cap today. In another word, its one day gain is more than enough to take over TSO at the current Market cap of $110M. Those who sold their shares at 20c today must be really happy to accept this kind of offer as they would have another $10M extra to divide between themselves tongue.png Now, let's have a look at LTR's announcement today, I have to say that it is a solid annoucement but either it was overpriced or TSO is insanely cheap at this level!

    Previously, LTR did 120 AC drills for Moora, with best intercept of 12m @ 1.4g/t or 16.8g/m. However, many of those 120 holes had insignificant assays (NSA), with 140 more AC holes waiting for assays. The annoucement today is about the first 3 RC holes.2 of which had insignificant assays, only one hole had an intercept of 44m @ 1.6g/t or 70g/m.

    https://hotcopper.com.au/data/attachments/2963/2963408-06f132b7edbb8bf3ae32f784b3c5aa6d.jpg
    https://hotcopper.com.au/data/attachments/2963/2963420-d9f867af68b872fb5540e2f6143ee9c3.jpg
    Now please tell me, basing on the drill results, do you really think that Moora worth more than this asset?
    • 85 diamond holes. ALL hit GOLD! Not a single miss!
    • 15 holes out of 85 had grade of over 100g/m.
    • High grade core with average grade of >2.5g/t. Mineralization starts from 5m.
    • Ternera gold mineralised zone nowconfirmed by drilling over 950m of strike, 450m wide to over 400m depth and remains open in all directions.
    • Mineralised surface expression is1,500m of strike, up to 600m wide and remains open in all directions.
    smile.png
    Last edited by Bellavena85: 02/03/21
 
watchlist Created with Sketch. Add TSO (ASX) to my watchlist
(20min delay)
Last
2.9¢
Change
-0.001(3.33%)
Mkt cap ! $35.65M
Open High Low Value Volume
3.1¢ 3.1¢ 2.9¢ $40.57K 1.358M

Buyers (Bids)

No. Vol. Price($)
2 384641 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 61313 1
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
TSO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.