Reason for recent pop in TORO...From Carswell IV. Very interesting that whitecap paid Beaumont $110,000 per flowing barrel for lands in proximity to Beaumont. https://www.investorvillage.com/groups.asp?mb=13681&mn=41218&pt=msg&mid=14778621 The name Beaumont may be familiar to some energy investors. About a month ago, Brian Bagnell of Macquarie Capital Markets talked to The Energy Report (sister newsletter to The Gold Report, The Mining Report and The Life Sciences Report) and drew a comparison between Beaumont and one of the new stocks under Macquarie's coverage, Toro Oil & Gas Ltd. (TOO: $0.50). Toro reorganized and changed its name from Kallisto Energy in November, the same month it agreed to buy an Alberta Viking property from Zargon Oil & Gas Ltd. (ZAR: $2.80) for $25-million in cash and shares. The deal closed in December. The day after closing, Toro announced it would raise over $20-million through two offerings (both of which had Macquarie as lead underwriter) for exploration and development. Macquarie began covering the stock soon after. In his Energy Report interview, Mr. Bagnelli said Toro should be able to use horizontal drilling, as Beaumont did, to significantly increase its Viking production. If it does so properly, "Toro should be able to enjoy a success similar to Beaumont's," said Mr. Bagnelli. Perhaps investors who saw that were responsible for sending Toro up five cents to 50 cents today. They may also have liked Toro's new Alberta Viking acquisition for $2.4-million, announced yesterday after the close. The stock is still a long way from its early December level of $2.