TSO fair value? Short term target 30c, medium term 60c!, page-289

Looks like TSO favours the HNS pattern, the pattern you have highlighted is a inverse HNS which is a bullish pattern the one i have highlighted previously here is a normal HNS which is bearish, however you can see that once it broke the neckline it didn't actually fall that far back, should it occur again i imagine a similar scenario would play out given the FA, on that...



@karmalocust I have been keeping an eye on TSO anns but haven't properly had a look until now, I have highlighted some of the higher grade strikes below, what seems to be forming here is a very large lower grade gold resource, given the favourable jurisdiction and great strike lengths this resource will no doubt go to mine, either by TSO or a takeover party.




More huge lower grade hits




Given that cash on hand should be around the $9m mark ($5.9m held last half year plus $4.4m raised, allowing expenditure) There should be no fear of a cap raise holding this back, and i personally wouldn't worry too much about what the chart does short term as this looks like a great long term hold and will no doubt deliver multiples of value at this purchase price over the next few years, IMO - Dyor, Good Luck holders ! might be joining you soon