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3.1¢ tesoro gold ltd

Not quite correct K, the already drilled and known targets were...

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GT55

4,564 Posts.

1532

04/05/21

17:11

Post #: 52931960
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Originally posted by Kruiser: ↑

Following the cap raise and all the drilling that was about to happen I think the market had hoped the best results were ahead of TSO, unfortunately that hasn’t been the case (yet) and the more targets they test the less chance those blockbuster results will emerge (the best targets are drilled first so chance of success declines). Sure the market has played a role but that hasn’t impacted those that deliver good results (DEG for example)

questions remain whether they have the scale to support more than a 100koz pa mine, and scale is what will attract a takeover. I don’t think the company really knows yet if it is going for scale and a buyout (no certainty this strategy will work) or if it should pursue a develop it alone strategy

a new discovery would get things moving, here’s hoping they hit something exciting soon (for those that say they are getting good results already I don’t disagree, they are good and support the project but they are not great)

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Not quite correct K, the already drilled and known targets were drilled first.

TSO Price at posting: 17.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 3.1¢		Change 0.000(0.00%)		Mkt cap ! $48.15M

Open	High	Low	Value	Volume
3.4¢	3.6¢	3.1¢	$149.3K	4.471M

Buyers (Bids)

No.	Vol.	Price($)
4	246773	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.4¢	100000	1

View Market Depth

No.	Vol.	Price($)
3	146773	0.031
2	120000	0.030
3	149414	0.029
3	551857	0.028
2	170000	0.027

Price($)	Vol.	No.
0.034	100000	1
0.035	631131	4
0.036	530232	2
0.037	277000	3
0.038	849626	1

Last trade - 16.10pm 28/10/2024 (20 minute delay)

TSO (ASX) Chart