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TORO OIL AND GAS LTD V.TOO

"Toro Oil & Gas Ltd is engaged in the acquisition, exploration, exploitation, development and production & transportation of oil & natural gas reserves."


TSXV:TOO - Post by User

Comment by CCKon Mar 20, 2016 9:55am
96 Views
Post# 24680451

RE:RE:RE:RE:RE:RE:RE:Viking wells......TOO and RRX

RE:RE:RE:RE:RE:RE:RE:Viking wells......TOO and RRXThe problem is if they keep buying land, they may run dry on funds.  In this depressed oil environment, they need to focus on keeping costs low and driving cash flow.

Junior company like this needs to stay focused on its current viable properties and not look too far forward for additional land purchases.  I think we can all agree that the current oil environment is sparing no one...

Seeing the the stock move into the 0.30s has moved most folks into the black.  It is has been difficult to watch WTI move up to $40+ with TOO staying the same or a slight down tick. Not always correlated, this one.
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