Australian (ASX) Stock Market Forum

TSO - Tesoro Gold

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My rotation out, while bringing profit, hasn't been of a greater success than just letting it sit in Tesoro...
Hopefully a position is available if it pulls back.
 
Make that 62%. This thing is on a tear. Still holding.
 
I noticed TSO has been bouncing back recently, so I checked the announcements to find this was released two days ago.

TSO080721.png

Grades look very average and the mineralisation is at depth. I can't imagine 0.40g/t of gold at 243 metres under the ground would be very economical. Is there somehting I'm missing here?
 
This is my entry for the April Competition. I really like the volume spike being at the low price level and the fact it is merely a hair's breadth away from the 200dsma, looks like a real gift. Let's see how it travels.

TSO comp 31.3.22.png
 
On May 2nd, 2022, Tesoro Resources Limited changed its name to Tesoro Gold Ltd.
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noting recent announcements above concluded "worth a punt here" trading around placement price @ 0.035c imo (so bought a small parcel)
 
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