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Tsodilo Resources Ltd V.TSD

Alternate Symbol(s):  TSDRF

Tsodilo Resources Limited is a Canada-based exploration stage company which is engaged principally in the acquisition, exploration, and development of mineral properties in the Republic of Botswana. The Company is engaged in the search for economic metal and diamond deposits at its Gcwihaba Resources (Pty) Limited (Gcwihaba) and Bosoto (Pty) Ltd. (Bosoto) projects in Botswana. The Company has a 100% stake in its Gcwihaba project area consisting of five metal (base, precious, platinum group, and rare earth) prospecting licenses all located in the North-West district of Botswana. The Company has a 100% stake in Bosoto (Pty) Ltd. which holds the BK16 kimberlite project in the Orapa Kimberlite Field (OKF) in Botswana. It manages the exploration of the Gcwihaba and Bosoto projects. The Company holds a 100% interest in Newdico (Pty) Limited (Newdico), which provides administrative, operational, exploration, geophysical, and drilling services to the Company’s other subsidiaries.


TSXV:TSD - Post by User

Comment by allthatglitterson Jan 14, 2021 6:03pm
160 Views
Post# 32302627

RE:RE:Shorts

RE:RE:ShortsThe one asset Tsodilo has proven is iron, and from their December presentation it looks like that is their current way forward, and it looks like people are finally waking up to just how valuable that is.  They have shown a deposit of 5-7 billion tons, and done a 43-101 report on just a part of it to show it is for real.  With some very reasonable estimates of further development costs and processing costs to extract the ore and get it to market, the net present value of a deposit that size may be 20-30 billion dollars USD at today's iron prices.  While no shareholder today will ever see $500 per share, if someone were to buy the rights for five cents on the dollar, that comes to more than $25 per share.  So if they find a partner on the iron, the stock would be a good deal at even ten times its current price.Not a good time to be shorting this one.
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