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11.1% 3.0¢ tesoro gold ltd

Oh, I agree. IMO the rise in bond yields is speculative as I am...

  1. shikapat
    1,553 Posts.
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    01/03/21
    20:42
    Post #: 51432143
    Oh, I agree. IMO the rise in bond yields is speculative as I am yet to see hard evidence for inflation and not just stagflation.
    This will slow the economic recovery and crash rates to 0%. The gold price is saying there is no inflation.

    As for TSO, I don't think we will see Gold prices lower than $1585 USD/Oz in a monthly candle this year. TSO is extremely economical.
    20c is a great price for the estimated deposit size. The reason I believe it is so low is that firstly retail holders are spooked by the gold market in general, and secondly, TSO will have to raise more capital in the future to finish building the mine.

    So, it is just a timeframe thing. Remember after the deflation, inflation will come. Be in on an economical gold deposit when it does.
    Good luck.
    Last edited by shikapat: 01/03/21
    TSO Price at posting: 21.5¢ Sentiment: Buy Disclosure: Held
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