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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 stoneycurtison Oct 27, 2016 9:18am
167 Views
Post# 25391663

RE:Just wondering ....

RE:Just wondering ....Excellent point. I think a another poster may have said something similar a while back. When you look at the presentation up on their website, they are clearly valued at less than anyone else. Is that because the market already realizes their assets and land are not "top of class" like their presentation says? Or has this thing just kept under the radar for so long that a huge pop occurs and they double on a takeover? That is what I am struggling with. This is a high risk investment, I think. You could lose it all if their assets truly are subpar or you double your investment if the assets are good and have not been recongized as such. Q3 will tell a lot.
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