RE:toro's wiluna mine
The stars are lining up for Toro Energy and MGA shareholders ... this is simply outstanding news about Toro ...
Now, I'm starting to believe that all this record breaking volume is mostly attributed to this amazing Toro news ... remember what I said about Toro .... they could very well be the next Paladin Energy success story from the early 2000's when price of uranium had started it's amazing run up. ... Paladin was sitting in the same position as Toro is now .... uranium price was at a low, Paladin was a no name panny stock with amazing properties, and they were on the verge of developping and producing.
The only thing I can't determine is waht the Paladin common share O/S was at that time, just when their sp was only a few pennies, just like what Toro's sp is at now.
This Toro news only reinforces and supports my reason and theory of why Mr Patricio decided earlier in 2016 to liquidate some of the NXE equity instead of the Toro equity ... he knows that Toro will be the biggest gainer in the short to medium term.
Now look at today's Toro action with this supposed good news ...their sp dropped on very high volume. Can you say manipulation .... smart money is trying to pile in to Toro while time allows them. Toro's sp action reminds me of how MGA's sp was artificially being held back, and now look at the outburst of investor interest today with MGA. This will surely happen with Toro in the near future.
I was fortunate enough to buy into Toro last year when the sp was a 4 cents/sh. I would recommend that people buy Toro shares as well but not from the pink sheets as they seem to be worthless now and noone is paying any attention to that exchange these days. The real action from the serious buyers is happening directly on the ASX. Commisions are a bit high for foreigners but it's worth it in the long run if you're buying big sums of shares at a time ... I bought 125K shares and hope to see Toro reach 1 dollar eventuallyv ... and no this is not pumping, this is very strong possiblity/reality if uranium prices keep going up and reach $50/lb + again, which they eventually will.
Good luck to all here.