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Bullboard - Stock Discussion Forum TELSON RESOURCES INC SOHFD

GREY:SOHFD - Post Discussion

TELSON RESOURCES INC > Anyone still here?
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Post by shakeypremis on Jul 30, 2019 7:04am

Anyone still here?

What does everybody/anybody think about current progress/developments? No real news to go on at the moment. Tahaueto continues to impress with the channel samples and Campo is ticking along, barely making money, especially at current zinc prices but hopefully this will mean minimal additional funds will need to be raised to support current operations. Obviously extra cash is going to be required to get Tahaueto process plant etc built.

Regrads
Comment by subwave on Jul 31, 2019 2:37am
Hope is on Tahaueto, they will need extra money imo around 10 Mil US, so for me its a wait and see with a smaller beginner position. But I think they will get it done...and the compelling book value really is worth a try...Cheers
Comment by shakeypremis on Jul 31, 2019 9:45am
Yes Tahaueto is the jewel. Camp can definitely generate significant cashlfow and with improvements and potential increased precious metal recoveries the cashflow could be even more significant. We have to remember the last financing was wholly supported by mangement in a placing done at C$0.75, some 50% above the market price at the time. They may well do the same again. They really do seem to ...more  
Comment by Spikearoo1 on Aug 02, 2019 5:17pm
Yes everything seems to be coming together.  However it seems market wants some big drill results to make it go up.  There is no inspiring story here unlike some exploration companies that are burning cash faster than a newspaper camp fire.   Mgmt is just chugging along with the building of Tahaueto.  That needs to get put online and ASAP and then sometime in 2020 as things ...more  
Comment by shakeypremis on Aug 03, 2019 6:34am
My main concern here is the low zinc/lead price. It's very close to Campo's break even. It doesn't make much money as it is. The costs may well come down as things progress and the AISC should have fallen a little due to increase gold and silver prices, but only a little as they recover so little of the stuff. It would be nice to hear some solid news regarding increasing precious ...more