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2.4¢ tesoro gold ltd

Ann: El Zorro drilling returns multiple thick gold intercepts, page-48

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princey37

4,184 Posts.

531

24/11/20

11:17

Post #: 49095098
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Originally posted by kiwijuice: ↑

Your probably gonna cop a bit of flack for that comment but i think it's pretty spot on, was expecting a lot more from the "visible gold" personally, i still get the vibe their assay process is a little off as the previous holes from CED hit much higher grades near some of the same areas - might be prudent for management to ask them where they got those holes assayed and the method that was used.

As for the share price - unfortunately gold is looking very unloved at the moment, this will change drastically over the next few months i feel, by then TSO will have drilled a lot more holes and we will have a much better idea as to the scale of discovery here - that's when we will see a significant re-rate happen, until then i think this will remain range bound as you have suggested princey, one to chuck in the bottom drawer for now and come back in a few months time

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Yeah, that's true! I was actually expecting a bit of a spike to the low 40's on this one but the sentiment on this seems very hard to change now.
It will turn, and when it does I will definitely be here.
This is shaping up to be a monster deposit! Quick calc's from H8's post above gets us close to 5moz!

TSO Price at posting: 31.5¢ Sentiment: None Disclosure: Not Held
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Last 2.4¢		Change 0.004(20.0%)		Mkt cap ! $37.28M

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