Another indicator that this firm is not a lifestyle operation. As far as I know there's plenty of work for drill rigs in WA at the moment - or is that not right? - so why is Top Drill bartering half their services and effectively offering six months credit to a pre-revenue gold explorer?
Option A: the Top Drill guys are idiots; Option B: the Top Drill guys are lousy judges of character; Option C: the Top Drill guys don't know much about exploring for gold; Option D: Cristian Moreno is the world's best salesman. Option E: the Top Drill guys think it's a reasonable bet that Torque has something of value at Paris and they are willing to play those odds.
So, no, not about lifestyle in my opinion. For me, a bigger risk is that CM seems to have the view of either going big or going home and in his impatience for success he might act rashly (if the misidentification of fools gold is true then that might be an example of that impetuosity). Nonetheless: good, different, I'm willing to back him in my own small way.
TOR Price at posting:
13.5¢ Sentiment: Hold Disclosure: Held
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