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Bullboard - Stock Discussion Forum TELSON RESOURCES INC SOHFD

GREY:SOHFD - Post Discussion

TELSON RESOURCES INC > TSN Traded over $100.00 in the 90's...
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Post by Spikearoo1 on Jun 25, 2020 2:54pm

TSN Traded over $100.00 in the 90's...

back when the company was called Soho Resources and they first discovered Tahuehueto with their high grades this was trading at a much higher price than the 11 cents today.  
The company looks to finally get their operation built on this project.  Once confirmation of the financing is 100% then I would hope we would see greater than 20 cents.  I can't believe we are talking 20 cents.  Should be trading in the dollar range.  
Anyhow looking forward to brighter days...Cheers...R
Comment by jg75123 on Jul 03, 2020 10:31am
couldnt agree more. these guys are smart and result driven. small operation making money. witht he new mine we should hit .40
Comment by Spikearoo1 on Jul 14, 2020 9:29am
actually the stock didn't hit $100.  I spoke to Ralph about that and he says no that is incorrect despite the historic charts.   He was saying that once the 2nd mine is up and generating cashflow they will focus on debt reduction and get rid of all their debt and they hope to see a share price in the 2 to 3 dollar range by that time.  If they are doing well in can get ...more  
Comment by mferguson71 on Jul 29, 2020 5:14pm
Hey Spike. How much debt do they currently have that would need to be taken care of in order for the market to see the long term value?? New to the stock. I must say one of the toughest parts of building a mine is the permitting and environmental side of things yet alone the initial capex. Usually once in construction or early production it is a short while after when you consecutively see ...more  
Comment by Spikearoo1 on Aug 02, 2020 11:36am
Last i spoke to Ralph he stated once the 2nd mine is up and running it would take 2 years to go completely debt free and pay off all their obligations out of free cash flow.  If i recall they will owe about $35 million.  I suspect that will be at the end of 2023 into 2024 debt will be repaid if not earlier depending on commodity prices.  What is really interesting is that they ...more  
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