Great time to load up!
in response to
by
posted on
Jan 11, 2012 11:38AM
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
The results in the news release to me looked quite neutral. I don't believe there was any errors in it as some have proposed. It was clearly released in haste, as a response to many of you screaming bloody murder for results while forming a lynch mob. As much as I think Lori wants to release results and prove this up as fast as possilbe, I don't think she wanted to release anything yet, after having such long delays with the drilling rigs.
I believe the release not only appeared to be, but was intended to be neutral. I believe Lori wanted to release something that wouldn't greatly affect the share price. (A failed effort, due to an uneducated shareholder base) Releasing great results at this point would be detrimental to the final outcome IMHO. The property could get snapped up far too cheap if initial results were stellar and Lori didn't have enough time to fully prove up the resource. We are supposed to have a high grade, thin vein system with disseminated gold. We still don't have any hard indication as to whether or not there is disseminated gold, as this information was excluded from the results. I do believe Lori stated at the AGM that there was dissemination, and I have no reason to doubt her. Please correct me if I am wrong.
The current price is a combination of an apparent concerted effort to drive the price down by an outside force, a poor understanding of the results by retail investors, as well as panic selling. What it has created for us, aside from pure unadulterated fear for most, is a great buying opportunity. I for one have been taking advantage of the efforts of these devious market makers and snapping up cheap shares this morning; why let the thieves get all the cheap shares, right?
Consider this: if the price slowly increased all year to a final buyout price of $90 ($90+ ;D) at the end of the year, everyone here would be as happy as could be all year long. The share price taking a dip like this is simply an opportunity to snap up more shares and accumulate as much as possible before the buyout. It may be hard to accept, but this situation is to your advantage people! We have a very good idea of what is in the ground at Tesoro and you have an opportunity to accumulate cheap shares! Keep a level head. Cheers.
Stockpilez