TSO
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3.03% 3.4¢ tesoro gold ltd

Ann: Multiple wide shallow gold intercepts at Ternera, page-52

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  1. bobasteve
    111 Posts.
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    08/04/21
    11:00
    Post #: 52324452

    Drill results should be taken in context of other results. TSO is a IRGS system that is assosciated with bulk tonnage low grade. If you want a comparable on the ASX look at NVA, they are a IRGS system 2.5z our valuation, the grades aren't flashy and often it is at depth, yet by nature of an open pit mine you have eztremely high recoveries that allow you to set an extremely low off cut-off grade.

    https://hotcopper.com.au/data/attachments/3072/3072765-99860324a21b1dbf5f7e24987599824e.jpg
    https://hotcopper.com.au/data/attachments/3072/3072778-5681e71feca8b4251c4c7c323a269a46.jpg


    Last edited by bobasteve: 08/04/21
    TSO Price at posting: 19.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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