Post by
lifegoeson on Jun 16, 2021 4:17pm
Not many are giving up their shares....
TOC closed at $1.61 on 48,000 shares, another all-time high (even bidding 5,000 shares on the close at $1.60). There aern't many people giving up their shares. I reflected on when and why I bought TOC, it had all the ingredients for success. The biggest reason I bought was the property they optioned had over 17,000 m of drilling with some excellent grades, essentially in my mind de-risking the play. And management knew they have something nice in Pilar, so they financed higher than what early expoloration playes normally finance at. They methodically set out to acquire all the historical data and then drilled. Here we are today with all low priced options exercised, and only potentialy two more trading days above $1.25 to allow for acceleration of warrants at $0.70, bring in significant more cash. Good Luck. Patience, sure seems like there is a lot more planned, and now we have Picacho (of which we are not able to fully understand how good this property might be at this time, but surely we will learn more sooner than later).