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Message: analyizing the report

This is what I got out of the report. They valued the Tesoro main corridor at having 2.5 million ounces of gold. They also say that the potential is there to have 5 million ounces of gold. So,wouldnt it be correct to assume that their value of 2.70 per share could be easily 5.40 a little down the road if drill/exploration results on the Tesoro main corridor show more gold? The North corridor is not contributing to this valuation, what if it holds the same amount as the main corridor? The desemminated gold is not taken into cosideration in this report, with this surface soil containing maybe 2 g/t au, what value would this add?

I could go on and on, but by what I am seeing, this could very well be a very conservative report! The most important thing about this report right now is, it shows how undervalued we are today!

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Jul 13, 2010 11:03AM
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