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Toro Energy Ltd TOEYF

Toro Energy Limited is an Australia-based uranium development and exploration company with projects in Western Australia. Its tenure in Western Australia is also prospective for gold and base metals. The Company’s Wiluna Uranium Project is centered on its planned processing facility located 30 kilometers (km) south of the town of Wiluna in the northern goldfields of Western Australia. The Project consists of the Centipede, Millipede, Lake Maitland, Lake Way uranium. Its Theseus project is located near Lake Mackay on the Western Australian/Northern Territory border. It owns a 100% interest in two exploration licenses making the Theseus Uranium Project in northern Western Australia with JORC Mineral Resources of 6.9Mlb U3O8; and interest in an incorporated joint venture with Deep Yellow Limited that owns prospective exploration tenure in Namibia, and equity and financial instruments in Strateco Resources Ltd, which owns the Matoush Uranium Project in Quebec, Canada.


OTCPK:TOEYF - Post by User

Comment by TheRajon Dec 20, 2016 4:41pm
122 Views
Post# 25626866

RE:RE:RE:Symbol??

RE:RE:RE:Symbol??
Hi again,

MGA is like a fund with good quality holdings (2 to be exact) ... it's simple really, the better both Toro and NXE's stocks do the better MGA stock does. MGA's sp will be better than simply investing alone with NXE because the added value of Toro's sp will, in addition, also aid to give greater value to MGA's stock overall.... your getting a two for one deal in essence.

The reason I'm investing with both MGA and Toro seperately is simply because I like to cover my bets as best as possible.

I can see that just because if let's say Toro's sp has an amazing run up, it don't necessarily mean that MGA's sp will have that same quick appreciation ... most MGA investors know MGA for their NXE holdings, not their Toro Energy holdings.

I imagine that, dollar for dollar, I could make more money investing in Toro stock than if I only invested in MGA stock, solely for the purpose of wanting to invest in Toro Energy that is.
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