My concern is not the market flush...although it's gonna feel awful.
I am concerned about the recovery. When the money finally does come back into the market, and uranium stocks get a bid again, why would anyone bid on Toro?
Since Jan 2022, the share price has collapsed, as folks finally understand how fu@%ked we are. We have no mining permit, coz our management gave it up. And the uranium mining ban will likely remain in place with the re-election of this govt. Who will want to invest in a mining company that can't develop it's deposit? And no one knows how long this will last.
TOE Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
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