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TELSON RESOURCES INC SOHFD



GREY:SOHFD - Post by User

Comment by Spikearoo1on Feb 10, 2018 7:51pm
82 Views
Post# 27539849

RE:RE:Thoughts on future profits

RE:RE:Thoughts on future profitsWhat's really interesting is that my numbers were lower than what mgmt has on their web site by 10% to 13%.  
Further, mgmt is still working on improving their recovery ratio's as well which they have stated in past news releases.  As that improves makes my numbers look low.
Lastly, i rounded down...TSN received 1.47 million i used 1.40 million.  In their presentations on T they have a 36% IRR.  I'm suggesting 30% or 20% profit margins which further are much more conservative to account for the fact that this is still a bulk sample.  
Bottom line is they have drilled the heck out of this and they know what they have.  
Things will start to get good in due course.  I'm not here for $1.00 share price, i'm here for $10.00 share price or more over the next 5 years. 
We have not even accounted for the fact that mgmt could be sitting on several massive sulfied ore bodies that have yet to be fully determined with drilling on the 2 existing properties.  
My bet is that they will start a drilling program in 2018 to expand the resource as the are building the infructure now to be able to process it.  They have identified several drill targets which will likely get annoucned over the coming months.  They would like have to expand milling capacity if they find bigger more robust deposits. 
This is a very active and motivated management team and they are going to make things happen just based on how they have brought things so far along since early 2017.

Load up while you still can under a buck.  I just purchased another large amount last week and will continue to do so as opportunities present themselves.  

Do you DD folks and hope to see you over a buck soon.  Cheers...S
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