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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 Feb 17, 2017 5:06pm
194 Views
Post# 25863674

RE:TORO is missing the wave so far in 2017

RE:TORO is missing the wave so far in 2017
Toro is certainly one of those very rare and "under the radar" type companies that will do amazing in the medium term. Just buy, hold, and be greatly rewarded in a few years.

You can also buy Toro shares through owning Mega Uarnium stock (MGA.to) ... they're roughly a 20% stakeholder in Toro, and they're also a 6.5% stakeholder in Nexgen Energy (NXE). Plus right now MGA is trading near a 20% to actual Net Asset Value. But this will change very soon when both NXE demonstrates better resources, and Toro gets the final approval for developping their famous Wiluna mine project.
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