TSO 11.1% 3.0¢ tesoro gold ltd

Nonsense. TSO acted it good faith and with integrity. The work...

  1. 102 Posts.
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    Nonsense. TSO acted it good faith and with integrity. The work of consolidating El Zorro and many other disparate Claims into a viable project, was done by TSO. Furthermore, to achieve a Maiden Resource Estimate, TSO invested time, and money, while the Former Leaseholder failed, contrary to agreement, to make any further Contribution. A vexacious claim for compensation, and all too easy to play The Victim, now, after the risks and investments of work and cash have proven fruitful. There was a time, to opt in, and instead The Complainant opted out. A bit late now to put up the hand and expect another couple of million dollars. Who can say whether the project would have ever gone ahead under different terms or agreements. It is what it is. Legally, there's a process, to be followed, and not withstanding further evidence, it will be considered like any other common practise agreement, as negotiations of this type are not at all uncommon in Chile, where many unviable or unconsolidated leases never advance.
 
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