A collection of reasons why you should NOT invest in TSO!, page-9

Recently, CDV got a 300M or 60c/share buyout offer for its Ghana's property. This offer is considered a joke by most holders and people are expecting a minimum of 500M.
This is what a 5.1Moz of gold (0.4M proven and 4.7M probable) looks like:



Anyone saw some similarities?



CDV strike length of 1.1km, 400m depth and still open. TSO strike length of 1.5km, 300m depth and still open (phase 2 will extend this).

Fraser Institute assess how mineral endowments and public policy factors such as taxation and regulatory uncertainty affect exploration investment. Highest score in the list is 94. The average score for Chile during the last three years is 82.3. Better than all the States in Australia, except for WA (one of the best region in the world). Ghana is not in the list but countries around it got quite horrific score. The highest in Africa is South Africa, 64.

So what if TSO can also prove 5Moz? What will be our buyout offer? Surely much more than $500M.
And what is TSO'sEV now? 8M cash. So $20M in value. Should I wait for the SP to drop further or take up my entitlement offer? I will definitely do both.