We are on the radar of many investors (look at the trading volume a few weeks back). These days, the market wants factual information & official confirmation. When the Due Diligence (DD) is OFFICIALLY COMPLETED, investors will jump on-board.
At the moment, there are doubts & uncertainties about the acquisition of those tenements (nothing is 100% even though we are towards the final part of negotiation). The completion of the DD will bring a closure to those doubts & uncertainties...and allow TON to progress to the next level.
Just a reminder...those tenements TON is acquiring are NEXT to one of this year's biggest success (SYR's graphite project).
Two good examples to follow are MAT & BUX. Both RIGHT next to SIR's Nova...Not 100km away, literally next door. Without drilling a single hole, both MAT & BUX has risen well over 200% since SIR's discovery.
MAT - from 12c to 36c (high) BUX - from 9c to 36c (high)
In comparison, TON is similar to MAT & BUX. - Its acquisition is next door to a HOT resource project (SYR's graphite) - The project is ON THE SAME TRENCH as the discovery (SYR's) (BUX & MAT's tenements are also on the same trench as SIR's Nova).
IMO, TON is onto something (in a positive way). Kiddo
TON Price at posting:
8.6¢ Sentiment: None Disclosure: Held
