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Bullboard - Stock Discussion Forum TELSON RESOURCES INC SOHFD

GREY:SOHFD - Post Discussion

TELSON RESOURCES INC > continued weakness
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Post by Bobwins on Oct 24, 2018 2:37pm

continued weakness

Stock hit C$.435 today on low volume.  Company is posting very good progress on all fronts but stock keeps sliding.  Market is obviously not interested in base metal or any kind of miner.  

I am looking forward to next year when the second mine comes online.  Profits should wake up investors.  Telson should pay off acquisition of Morado in early 2019  and that should free up capital for continued improvements at both mines.  

Market doesn't care about gold miners either but Tahuehueto will derive more income from gold and that might attract a little more investor interest.  

Positive cashflow should be evident by mid next year and I'll be very surprised if Telson is this depressed by then.  Of course, if it is, I'll be the one that's depressed!
Comment by Bobwins on Nov 15, 2018 10:23am
Albion Process being tested.  Sounds like we'll find out if this process can recover the 300K oz of gold in the waste tailing in the next 4 months.  After that, Telson will have to decide if it's worth the capex to invest.  IF they can economically install this process and recover the gold, this could transform Camp Morado.  300K divided by 12 year mine life = 25K oz of ...more  
Comment by Spikearoo1 on Nov 20, 2018 12:34pm
This is nuts...not sure who has been selling, but there must be a TON of impatient investors out there. Thank you for the additional 11,500 shares at 37 cents today! End of 2019 once TSN get the mines all up and running and debt reduced which was put in place to get the mine going, my guess is we will be back to $1.0 range. I bought TSN over a year ago when it was 41 cents and dipped to mid high ...more  
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