Ever since the company was super-hyped by the principals but failed to deliver the anticipated initial resource, it has been shunned by the market. Every CR only leads to a devaluation regardless of drilling results. General market conditions have added to the woes but there is a big disconnect by the market and the current SP just confirms that.
As for latest drill results. Yes, they look good but was the orientation chosen so as to produce this, drawing on other drill results?
Management destroyed their credibility a long time ago.
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- Ann: Tesoro intersects 434.6m @ 1.22g/t Au from 15.4m at El Zorro
Ann: Tesoro intersects 434.6m @ 1.22g/t Au from 15.4m at El Zorro, page-54
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