TSO 2.38% 4.3¢ tesoro gold ltd

Ann: $21 million capital raising to underpin exploration, page-141

  1. 3,612 Posts.
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    @Gazdix
    True, but as one of many retail holders on this, the SPP allowed us to participate at even price with brokers which is a positive, and the price falling below SPP is even more of a positive as it allows us to purchase at a discount.

    @pustayo don't let emotion get the better of you, @princey37 knows his stuff, low 20's a possibility but the risk to reward here near term is a 20% drop vs a 100% gain if it retests the recent high, that's pretty damn good - a lot of fear mongering on these threads, easily achieved when drill results of late haven't been on par with earlier result's but that's exploration - those early drill result's are still there and they are cashed up to drill out multiple targets - not to mention now being backed by a boutique fund with a very good record. For what its worth today i bought more at .255 - pretty happy with that discount considering the above factors.

    TA - Today looking like a gravestone doji, indecision in the current trend, there was another low volume one a few days ago but i suspect most sellers have been flushed out now, overall average volume has declined with price which is also bullish, RSI and MACD set to tick up, i see major support around the 20 cent area and major resistance at 35.5 - we have all seen how hard this stock can run,im picking its not going to be too long before it begins its next legs up, Good Luck.

    https://hotcopper.com.au/data/attachments/2745/2745011-5e9be987fad65b1b81c65af47c2aa838.jpg
 
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Change
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Mkt cap ! $52.87M
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Price($) Vol. No.
4.3¢ 32947 1
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Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
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