Re: Information Regarding Tesoro CONT
in response to
by
posted on
Feb 26, 2011 09:36PM
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 didnt have enough room in my previous post, so I will continue here.
6) Imo the only reason for the large appreciation in sp over the past year is due to the titan 24 results and in particular the discovery of the ovoid and now larger anomalies. Quantec themselves state that titan24 defines structure and not gold content. If it defined gold content a major would have already taken us over considering the 150+ mil ounces likely on this property.
f) If quantec does not help companies find resource, why use it? A major most likely CANNOT take us over. People keep forgetting how strongly we are held and how hostile aquisitions are orchestrated. There are mostly loyal families holding most of the shares next to management, with this must strength, how could a major possibly take you over? Most likely 70% of the shares stand behind Lori at this moment, and if Lori tells us not to sell, and we dont, how would a major take us over? This is why I say " we may be able to dictate a buyout price" If this property turns out to be worth $300 per share, we will most likely get that because of our unique shareholders.
7) With the estimated gold reserves done by some members on here including myself Tesoro would have the largest gold deposit on earth. Is this possible/likely? Only time will tell I guess.
g) Geer, you havent seen the numbers that were done off this board. Its just too crazy to put them on. Possible?, yes. Refer to a)
8) There are no readily available resources proving titan24 to be accurate or inaccurate in determining mineralization. This is due to it mapping structures, not mineralization. I have also not been able to find any other titan24 results showing large anomalies and what they ended up being. As such like posted above, only time and drill results will show the true detail of this property.
h) The Quantec geophysics are powerful tools. Its like an picture of you with no clothes on, would you go around showing everyone that picture? Its too revealing and a lot of companies will not provide these images to their investors probably because of confidentiality. Especially they wouldnt want a major seeing an x-ray of their property IF they didn,t want to be bought prematurely. If Lori wants to sell the Tesoro, then lets show off the Titan images, the majors know what the images mean, they have been using them for years.
I looked hard for companies wanting to reveal their images. Most will not, I only found 2 companies that I had enough data that I could apply to get some kind of a comparrison. I was impressed with the accuracy, by looking at initial results, then upon follow up, found out that company took the images off their site. I had 2 drill holes to place on/near the Quantec targets, one hole was partially lost I beleive, the other was drilled pretty close to where Quantec told them to drill, it resulted in the highest gold grade intercepted on that prioperty as far as i could tell.
9) From Paul Gray's technical report, who I may add is a geologist, "In the authors’ opinion, the Tesoro Property represents an mesothermal vein (gold) exploration target." In case you are wondering, mesothermal vein deposits are small vein structures that often extend to extreme depths(you probably know this if you have read any SLI news release). What you may not know is that large gold bearing anomalies are not consistent with mesothermal deposits and that mesothermal vein structures are not known to originate from anomalies like those found on the property. Refer to the following links for more information on how mesothermal deposits are formed.
i) The main mistake you make in this statement is that anomalies can originate from mesothermal systems, it all depends on the factors present at the time of intrusion. Another thing to point out is that geological ideas/theories are constantly changing and this property appears to be unique in a lot of its geology/geography.
10)Please do your due diligence when looking into this stock as there are both pumpers and bashers a plenty that will lead you to believe it is either a sure deal or a sure failure. There is high potential for this stock given the titan24 anomalies but there is also high risk as without those anomalies this stock is likely only worth roughly 50 cents. If you invest you will either be rich or broke in the future, that is the case when investing in many gold juniors but imo is more of an issue with this due to the massive hype/potential.
j) I agree with you telling people to do their own DD, but may I add, make sure you understand your DD also, if not, get advice. You stated earlier that by your calcs we would have 2 mil ozs not counting the anomalies. Now you say this stock would be worth .50. Have you forgotten the value Primed has given for the other properties and how much price 2 mil ozs puts on an sp?
Also, the anomalies are there, I dont think they are gonna run away anytime soon. I dont know why you say "either be rich or broke", no in between?