TSO 11.1% 3.0¢ tesoro gold ltd

Ignore the posters without real substance, they have shown their...

  1. 12 Posts.
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    Ignore the posters without real substance, they have shown their hands, I doubt their intent is to benefit others.
    For serious investors and potential investors, having a long term perspective is profitable.

    The POG will remain volatile and its unfortunate for those emotionally fearfully selling TSO because of it and instead running into certain sectors/companies due to greed that is not tied to realistic fundamentals. Hope it works out for them.

    Here's a reality check, the current monetary policy of the global money supply will eventually increase inflation and must be hedged by wealth management. If you watch past few presentations from the Fed Chair Powell he is not simply aiming to increase inflation to 2-3% by 2022-2023, he has stated he would like inflation to run to create an average of 2-3%. The question is no longer the POG right now, but where do you think the POG will be in 2022 and beyond (when TSO is in production)?

    Personally to share my own mistakes, I missed out on Afterpay for putting in a buy order to save another 10% I ended up losing out on ridiculous returns. I sold NVA because I lost patience and ended up costing me multiple bags. I wouldn't do the same with TSO.

    On top of the fantastic research and information by a few HC members (thank you again). The recent PACs report further provides evidence and gives a conservative estimate to the resource and valuation for TSO. Do your own due diligence, what do you think TSO is worth? There is a reason why the price target is 38c (based on the information currently publicly available). Do you think the resource will not grow at all?

    If you have no faith in other retail investors, it is only a matter of time until another mining company will, or mining specialist investos i.e. maybe even PAC partners themselves.

    Is there potential for TSO to become an gold mining district? It has yet to be priced in. The market is a forward looking machine, it is only a matter of time until it is.

    At these valuations I find it difficult not to have a buying sentiment. I'm not saying this to ramp the stock. I am genuinely missing out due to the lack of free capital I have to deploy. Part of me wants the price to remain low so I am accumulate more at these prices.

    I am not providing financial advice, but I do care for people's well being. Do not over stretch your financial capabilities, money is not the only capital you risk.

    I believe Buffet's famous quote is relevant here and now.
    “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful”
 
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Last
3.0¢
Change
0.003(11.1%)
Mkt cap ! $36.88M
Open High Low Value Volume
2.8¢ 3.0¢ 2.7¢ $41.54K 1.504M

Buyers (Bids)

No. Vol. Price($)
1 100000 2.7¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 122372 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
TSO (ASX) Chart
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