TORO OIL AND GAS LTD V.TOO

frustrating seems like its being held down??

[robert41]

seems like TD and Anon are compelled to keep the price down now we see Peters step in and help. would be nice to see them unload and move on I don't suspect they would be short an oil co that has no debt or should have none after the financing and cash and huge upside. Nice to see altacorp be a buyer in the market today, they were a major player in the financing. Anyone out there have any more thoughts.

[mike49]

The bought deal still means that the underwriters have to sell the shares to their clients.there probably is a short but short term and temporary in nature-a normal hedge and a way to squeeze a few extra pennies. I was was wrong about the nature of the financing but now done,makes sense. This will be a clean outfit beholden to nothing (current royalty deal excepted) sans commodity price so mngt