TSO 0.00% 3.2¢ tesoro gold ltd

Ann: Pause in trading, page-31

  1. 1,558 Posts.
    lightbulb Created with Sketch. 325
    Ok... ill try explain in layman's terms.
    they think they can get it out with a cut off of 0.3g/t.
    in order to capture the resource they used $2500USD to capture this in a pit shell.

    They insinuated that 250koz is not included as it did not have enough infill drilling. (They were not supposed to tell you that) but they did. So...

    the pit holds hopefully (910koz....) 660 +250.
    But they had to remove the 250 due to lack of infill drilling. This changed the usd price of the pit to show you how much was there... as those infill drill come in. The price will drop as its not waste.

    does this make sense?


 
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