This company's stock will continue to struggle, as long as it's under this management.
The market has punished it for 2 yrs, while other uranium developers like VMY & DYL etc etc... have done 5-10x'ed in share price.
Why?
Coz, Richard Homsany either never truly believed in uranium, or somewhere along the line he lost faith. He certainly didn't understand/believe in, the coming supply-demand deficit of this commodity. His actions prove this to me.
Because, he chose a path that stranded our only uranium asset, without advising holders that he was planning to do this. And instead he decided to change the strategic direction of Toro, with the focus on becoming a nickel/gold explorer.
So much value has been lost now, squandered on senseless decisions.He has stuffed this company.
The WA government offered him a uranium mining permit, a rare & precious gift, on a silver platter. And he arrogantly walked away from it. Shocking judgement!
TOE Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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