TSO 6.45% 2.9¢ tesoro gold ltd

Ann: Tesoro secures strategic investment from Gold Fields, page-29

  1. 110 Posts.
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    I must say that TSO has done well getting Goldfields onboard like this. Regardless of the value they are picking up, anybody has been able to get the same value just by buying on the market.
    I do not expect GF to be looking for quick results with JORC resources but rather to be interested in the extent of the mineralisation across the region. Given their cheap entry point, if they do not like what TSO are finding, they will quickly sell up and move on - after this is beer money for them.
    Good move by TSO all the same and keeps them out of the hands of the money sharks.
    I also see a GF appointed director as an advantage to help keep the company focused and give new links into both a wider investment and technical community when the need arises.

 
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