TSO 6.45% 2.9¢ tesoro gold ltd

Ann: Maiden Mineral Resource Estimate sets foundation at El Zorro, page-181

  1. 344 Posts.
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    Thx Axolotl. Always good to keep up with management presentations.
    I notice how the presenter from Small Caps was quick to reflect Zeff's comment about others taking up tenements alongside El Zorro as being majors, even though Zeff did not refer to majors at all (leaves an impression in the mind of the listeners does it not that cannot be pinned back to Zeff).
    I am not going to bother researching the Chilean government sites to establish what and who by the tenements are but as to them being "majors"? Well, let someone produce some evidence.

    Then there are the references to "bulk mining" Those have to be put in the "what if" basket. "What if" the finally proven resources support this? Did I say proven resources? Sorry, I meant reserves because any bulk mining of uneconomic resources is doomed to failure surely?

    So here we have it. More expectation, unproven as it is, but with millions of tonnes of rock over an area showing gold mineralisation.

 
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