TOR has consolidated nicely!This stock is starting to trend upwards now. The downdraft appears to be over. In point form here are a few items that make me feel very comfortable buying TOR right now.
-Insiders are buying stock.
-RBC/BMO/Haywood have stopped their selling of TOR stock at whatever costs. For a few months all of the selling seemed to be thru one of these three brokerage houses. We all know that RBC had 10 million shares to sell and more than likely they sold this stock thru the following houses. It appears as though their stock sales are finished as this stock is now basing and starting to trend higher.
-Precious metals and base metals are moving higher and TOR has excellent deposits of Lead, Zinc, Gold, Silver and some copper.
-Feasability study should be completed in a month or so.
-Drilling is planned to commence in the fall.
-Road show is to commence in a couple of months. Management wants to get the word out to the market as to what TOR has. Just waiting on feasability study prior to starting road show.
-Management has a proven track record of building small companies into larger firms. Look up James Gill and Aur resources.
-Management has a close relationship with Glencore and TriAusmin is situated in Glencores back yard. Any success here could lead to a buyout offer of TriAusmin.
At the current prices TOR is one of the most undervalued stocks in the mining junior sector. Huge upside potential.