TSO 3.03% 3.4¢ tesoro gold ltd

Ann: Change in substantial holding, page-24

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  1. 1,131 Posts.
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    Think about it, its all been discussed here. TSO has a low grade deposit that's developed around the convergence of fault lines. There's about a million ounces, they've defined half of it and need another $40m to define the other half. The other areas show no previous artisanal mining and certainly no fanfare from the company. Its low grade meaning its going to take a lot of crushing to extract the gold never mind the closeness of infrastructure. TSO has a future when the gold price rally's beyond new highs.
 
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