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Toro Energy Ltd TOEYF

Toro Energy Limited is an Australia-based uranium development and exploration company with projects in Western Australia. Its tenure in Western Australia is also prospective for gold and base metals. The Company’s Wiluna Uranium Project is centered on its planned processing facility located 30 kilometers (km) south of the town of Wiluna in the northern goldfields of Western Australia. The Project consists of the Centipede, Millipede, Lake Maitland, Lake Way uranium. Its Theseus project is located near Lake Mackay on the Western Australian/Northern Territory border. It owns a 100% interest in two exploration licenses making the Theseus Uranium Project in northern Western Australia with JORC Mineral Resources of 6.9Mlb U3O8; and interest in an incorporated joint venture with Deep Yellow Limited that owns prospective exploration tenure in Namibia, and equity and financial instruments in Strateco Resources Ltd, which owns the Matoush Uranium Project in Quebec, Canada.


OTCPK:TOEYF - Post by User

Comment by TheRajon Jun 23, 2017 11:00am
146 Views
Post# 26397622

RE:RE:RE:RE:TORO is missing the wave so far in 2017

RE:RE:RE:RE:TORO is missing the wave so far in 2017
With Toro being spared from getting the Aussie governmental uranium axe job we should now see a slow but steady influx of investors flowing into it. I can't see this stock going below 4 cents much more. Only good days ahead.

The final permitting phase is just 'round the corner for Toro and then the green light for actual mine development will be given. That alone should push the stock well above 10 cents, and give MGA a much needed sp boost, too.

It's never too late to buy TOE/ASX as the real uraniuminvestment fevor should start sometime in 2018, and be all primed and charged by 2020. And who knows what the sp of TOE will be by then. I'm personally expecting it to be well north of 50 cents/sh by then if I am understanding the company's NR and numbers correctly.
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