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Bullboard - Stock Discussion Forum 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 Discussion

TORO OIL AND GAS LTD > What an allstar management team
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Post by sleepydog1 on Sep 16, 2014 7:40am

What an allstar management team

and the last line of the news says that they are being advised by Scott Saxberg ( President and CEO of Crescent Point Energy ) . I've been trying my luck with dimwit management on other companies , I think I'll throw her into this and take a chance on some of the best in the business in their respected area. Doesn't sound from their past engagements that they are interested in leaving this as a penny stock under a $1. SD1
Comment by bullmarkets on Sep 16, 2014 7:56am
you should maybe read the terms of the financing .. going to be close to a billion shares fully diluted.. all under 4 cents.. so no thanks..
Comment by mjh9413 on Sep 16, 2014 8:40am
..and don't forget they would get warrants with the units having an equally attractive discount (espec as the price performance metrics are already met!!!). Yes, as I said a sweetheart deal and really on the lick and promise of the Buck Lake and whatever else the $25MM might buy...saying that the only way a new buyer can get a slight discount to their overall cost is to participate in the ...more  
Comment by pennydredful on Sep 16, 2014 2:46pm
One    can  be   assured    that  the  existing   " management"   that  produced diddly  over  the  years    got   a  massive  golden  handshake    for    selling   out    their   own  ...more  
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