TOE 1.85% 27.5¢ toro energy limited

i call bottom, page-9

  1. 5,141 Posts.
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    Once you strip away the hype from any of the Uranium stocks (sexy Chinese JV's, ground nearology etc etc.) it will come down to drill results.

    As far as TOE is concerned I'm looking forward to the Yaninnee results. However I would have liked to see them have announced further drilling on the Warrior prospect - Historic drill results had a max of 2000ppm at Warrior as I recall. Anyway I'm sure they will get around to drilling Warrior sooner rather than later.

    As to to prospectivity, broadly speaking they are operating in the same areas UXA, although with very different current market valuations. (In this context TOE seems to have a "pedigree premium" as I would term it, built into the current price) Both will be releasing drill results over the next months. Looking forward to them. A whiff of something good will get the buggers moving in the right direction.
 
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