Re: What's your opinion?
in response to
by
posted on
Jun 28, 2010 08:33AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
I pretty well expect sp appreciation at a moderate rate up until the first drill results or first north corridor sample results. The north corridor initial results will give us a bump up whereas the best areas of this structure will most likely be sampled. If these are really good, say it looks like a mirror image of the main corridor, the sp is likely to jump to 2.50 on these alone. If the ovoid results are half of what we expect we are probably looking at 4 bucks easy. Keep in mind, this property will be most likely bought out by some major, so how many results do we get before we get an offer? There is now world wide recognition of this property, so there are most likely many eyes on us. It wont surprise me if this turns into a bidding war, and if this is the case, I think the first offer will come shortly after the first assays providing there are above average results. One drill hole in the ovoid may be all it takes to find this out and any interested party are going to try to get this property as cheap as they can. As long as there is enough gold for a profitable mine, the bidding may start early. We ,as shareholders may not get the chance to realize the true value of Tesoro, which someone said, could be between $50 and $100 per share. One other important thing, Dynacor has the existing mill near the property and it seems they are happy just milling for profit at this location. The amount of money to be spent in infrastructure for any miner to get this out of the ground and to the mill is mininum, adding attraction to the Tesoro.