20s tomorrow, page-125

TON has developed the most clear & vicious looking Head-And-Shoulder pattern I have seen in years. Not wishing to downramp, as I have been a TON fan for some time. But I have sold & am standing aside until this clears. Technically, based on the pattern, TON should go down to the low 20's. If it is able to defy the downward forces that are being indicated by the H&S, then it will certainly prove that the fundamentals are sound & a sharp recovery might take place.

From experience, the viciously negative Technical indicators in TON are "indicating" that something is wrong. It might be something other than the quality of the resource ... IE: A corporate issue, a problem relating to leases, etc. I am certainly watching with interest, as the current fundamentals of TON look amazing, vs the TA that looks toxic!! One of them will win out