TSO 6.45% 3.3¢ tesoro gold ltd

Ann: Maiden Mineral Resource Estimate sets foundation at El Zorro, page-77

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  1. 761 Posts.
    lightbulb Created with Sketch. 1262
    Well I knew that the trolls would be out today!
    Not sure why they bother when they don't hold. Why waste your time on a thread when you don't hold?

    Todays trading is typical "sell the fact".

    As stated in Zeff's last interview (and I stated it on HC), the MRE would be >500koz. He did not ever say it would be close to 1Moz, that was a few on HC stating their thoughts and estimates.
    It is a Maiden, at 660, in just 18months. That is fantastic news! IMO. It will now grow from this point into the 1Moz, and maybe within 18months again once they drillout the east.
    It was always a risk that Zeff took to get the MRE out soonish, he had to make the cut off at some point. If he waited it would have been much more.
    Like some other stocks I hold, they took 8 years to get to an MRE.
    As for the $2500/oz, who really cares, it's not a mine yet, so the inferred value is not relavant. Once we get close to the PFS.....etc, then it will mean something.

    Enjoy the cheap buy day (maybe a couple), then it's upwards again.
 
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Last
3.3¢
Change
0.002(6.45%)
Mkt cap ! $51.26M
Open High Low Value Volume
3.2¢ 3.3¢ 3.1¢ $21.30K 651.0K

Buyers (Bids)

No. Vol. Price($)
5 646632 3.0¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 33716 1
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Last trade - 15.47pm 11/10/2024 (20 minute delay) ?
TSO (ASX) Chart
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