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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 Raptor7on Mar 17, 2015 1:38pm
77 Views
Post# 23530269

RE:Raptor7

RE:Raptor7
Was just drawing a comparison and suggested the two were sure acting as "spittin' images". And they have.

But to be honest, your response prompted me to do deeper fact checking and I originally thought the share consolidation was 1:10, not 1:25. This means that even the massive and very dilutive $25 million PP in which new management filled their pockets is currently under water. So in hindsight, even I'm surprised it has gotten this low.

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