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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 mjh9413on Sep 16, 2014 8:40am
163 Views
Post# 22939195

RE:RE:What an allstar management team

RE:RE:What an allstar management team..and don't forget they would get warrants with the units having an equally attractive discount (espec as the price performance metrics are already met!!!). Yes, as I said a sweetheart deal and really on the lick and promise of the Buck Lake and whatever else the $25MM might buy...saying that the only way a new buyer can get a slight discount to their overall cost is to participate in the Rights offering...takes about 1.5c off the average price of 6,000 shares (at least at 14c buy price, so 12.5cents not even close to what the investing group buy in at!!!).
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