TSO 11.1% 3.0¢ tesoro gold ltd

Yes, fair to say The Market has misunderstood TSO, and...

  1. 102 Posts.
    lightbulb Created with Sketch. 88
    Yes, fair to say The Market has misunderstood TSO, and Sassiandra outlined the basic flaws in Market Perception. Generally an MRE of 1 Million+ Ounces is needed to spark interest from Buyers. TSO quite obviously has more than a Million Ounces, as infill drilling is proving, with higher grades already assuring Shareholders, and Astute Investors, ahead of an upgraded MRE, to be announced soon. There were Bonuses for Management for a timely MRE as delivered, and that led to some scepticism, but to be fair, a timely MRE also enabled TSO to advance Permit Applications, and to talk a little more openly about the prospectivity of TSO. Regulations, are Regulations, as any CEO understands. Meanwhile the state of Chilean Politics is not posing any real risk, as Conservatives maintain majority control of The Senate, and Mining Royalties continue to remain unchanged, as, longterm, Chile has been very stable in terms of Mining Royalties. The Mining Industry is of paramount importance to The Chilean Economy, and no-one is undermining it any time soon. That was a fear expressed by some, but has proven unwarranted, while further Elections (that 'might' make a difference) are a long way off. What else was there, something about uprampers running out of enthusiasm, well, maybe true, human nature being as it is. Downrampers like Sixela are certainly very lack-lustre, too, and I suppose that got dull a long time ago. The Shareprice is low, many have lost interest, lost patience, and never understood the Scale of El Zoro. It obviously takes time, even with 6 rigs drilling 24/7 to define the extent of this resource, it keeps expanding. What's not to like about that, it's a buying opportunity, and TSO has enormous potential, and that's what smart Investors look for. But Speculators seeking immediate short term gains might prefer to shop around. Many serious Investors, have yet to discover TSO, and many longterm sceptics will need to eventually swallow their pride and accept they've been wrong all along. There's been some negative publicity, but who do you trust. Those down rampers are probably quietly stuffing their pockets with all these Stocks, TSO included, even whilst they continue to devalue them publicly. That's a bit of a scam. The prospects of TSO are already undeniable, yet some continue to deny it, and they look increasingly silly, with each and every new Announcement. But some of those critics are accumulating bit by bit, while suppressing prices in the near term, so they couldn't care less.
 
watchlist Created with Sketch. Add TSO (ASX) to my watchlist
(20min delay)
Last
3.0¢
Change
0.003(11.1%)
Mkt cap ! $36.88M
Open High Low Value Volume
2.8¢ 3.0¢ 2.7¢ $41.54K 1.504M

Buyers (Bids)

No. Vol. Price($)
1 100000 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 122372 2
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
TSO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.