Toachi Mining Inc TIMGF

Jon Goodman

[Blazesb]

Sedar documents filed today reveal Jon Goodman bought $650000 of the recent debenture placement.

Two officers purchased much smaller amounts and the identities of roughly the remaining half of debenture holders have not yet been listed on Sedar.

[Jaemak]

That's good  to know. Thx. What I find odd was that fairly large block of shares (240,000) sitting on the ask all day flicking back and forth between .105 and .11. Why would anyone would sell now, especially with gold crashing through $1300? Yes, John Kaiser is watching this one in his bottom fish status. But If the PEA is strong and the market doesnt react positively, he will upgrade it

[spexstox15]

Yes - the sell order/ortders were posted just prior to the close on Thursday and are altered from time to time. Have to assume somebody is desperate to sell or perhaps they are pist that they were not allowed to participate in the recent debenture offering?? Would be nice to read of some clarification of this issue. Absolutely no way that sell order/orders should be legitimate?????

[Blazesb]

Jaemak, to test the waters I posted those 240,000 shares for sale.  I sold one block of 20,00 in three days and found out exactly what I wanted to know--there is no interest in Toachi's recent results.     Gold may crash through $1300 any day now, as you say, but I don't think Toachi will participate in that rally. Ii took Toachi a year to drill seven holes. 

[spexstox15]

Blazesb - based on a review of your recent postings I regret that you are associated with this company. I suggest a term deposit or perhaps a full service broker to decide what is best for your financial interest and needs. Hopefully you will soon be out of this issue and move on. You are much too timid and fearrful to be associated in a speculative market and certainly need a hand to hold. Enough

[Jaemak]

Blasesb, That was an interesting "test" you conducted. I was almost tempted to snap it all up, but feel I already have enough shares at this junction, without knowing the results of the delayed PEA.  You must have a lot of shares and a low average price if you were willing to lose them all at .105. I just dont think too many people are closely watching this story right now, but