TSN to Report Continued Strong Revenue Growth this Week!

Telson Mining (TSXV: TSN) or SOHFF on the U.S. OTC is due to report its 4Q 2020 results this week and will report its 1Q 2021 results next month!

TSN in 3Q 2020 experienced HUGE quarter-over-quarter (QoQ) revenue growth of 103.4% over 2Q 2020TSN generated 3Q 2020 revenue of CAD$6.697 million up from CAD$3.293 million in 2Q 2020TSN in 3Q 2020 generated extremely strong EBITDA of CAD$4.829 million while generating incredibly strong cash flow from operations of CAD$4.183 million and free cash flow of CAD$3.313 million!

We expect TSN to report continued strong revenue growth on a QoQ basis for both 4Q 2020 this week and also 1Q 2021 next month!

TSN's current revenue is being generated by its 100% owned Campo Morado Mine which includes an underground multi-metal mine with infrastructure, installations and equipment capable of processing 2,500 tonnes of ore per day, as well as six mining concessions occupying 12,045 hectares located in the state of Guerrero, Mexico.

In 4Q 2021, TSN will launch production at its 100% owned Tahuehueto Mining Project which includes 28 mining concessions that total 7,492 hectares located in the state of Durango, Mexico only 25 km north of Great Panther Mining (TSX: GPR)'s high grade Topia Mine. The completion of construction was previously delayed due to COVID-19 but TSN in recent weeks has secured the US$25 million in funding necessary to complete construction and bring the mine into production by year-end 2021! Tahuehueto will be a high grade mine capable of processing 1,000 tonnes of ore per day and will be ramping up to full production capacity during the first quarter of 2022! Tahuehueto's processing capacity of 1,000 tonnes per day will be 4.55X higher than GPR's Topia Mine processing capacity of 220 tonnes per day!

TSN's two Mexican mines will have total processing capacity of 3,500 tonnes per day vs. GPR's two Mexican mines having total processing capacity of only 1,220 tonnes per day! TSN's current market cap is less than one-third of GPR's market cap due to the fact that COVID-19 by delaying the completion of the Tahuehueto Mine caused TSN to default on the terms of several loan agreements. On Friday after the close, TSN announced the finalized terms on the first of several of its loan agreements to be restructured. The new terms of the loan agreement restructured on Friday include a 36-month term of repayment and a 12-month grace period on both principal and interest!

NIA's President Gerard Adams has just posted four exclusive must see videos from his March 23rd trip to visit TSN's Tahuehueto Mining Project!

 

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from TSN of USD$100,000 cash for a one-year marketing contract. NIA's President purchased 1 million shares of TSN in its most recent private placement. This message is meant for informational and educational purposes only and does not provide investment advice.