TSO 9.09% 3.6¢ tesoro gold ltd

Ann: Becoming a substantial holder, page-34

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  1. 498 Posts.
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    It seems like the surface assay was delayed for a couple of days. Hopefully all traders were out by now because they are impatient. Im still looking for any weakness to buy more. Grabbed a good parcel at yesterday close. Besides surface assay, assay for the first DD hole of phase 2 would be very soon. Very likely 1st week of August if Covid19 wont slow us down. If we look back at phase 1:

    - Start drilling of 1st hole: 7/2
    - 1st DD hole completed: 18/2
    - Assay for 1st hole: 6/3

    So from the start of drilling till first assay is roughly 1 month. And we started phase 2 on the 2nd of July. Therefore assay should be very close now. Also pls keep in mind that SP jumped nearly 300% in only 2 days, from 1.8c to a high of 5.2c, after shocking the market with the high grade, thick intercept of the first hole. I want to accumulate as much as I can before first assay of phase 2.
 
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