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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

Post by mike49on Sep 08, 2016 3:42am
296 Views
Post# 25216702

A note

A noteThis is the most gun shy management that I have ever encountered but ponder the fact that the the pp was done on an overnight.
There is a difference in terms.
Oct will see if too could deal their high g&a properties (but provided a third of their production).
Drill will be to replace said lost production and decline,which is high,and brag
This might be a squeeze to get rid of the royalty partner (which is why the bank line disappeared).
There is drama next door so no m&a anytime soon,hence,pinch the penny.
I have a canoe full here but no more dead money than some others I own.patience.
I still think the mechanics are sound (i'm off couple months but whatever).
To each their own but don't get caught past end Nov.
Cheers
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