TOK tolu minerals limited.

Now is the time for aTolu expansion

  1. 60 Posts.
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    I have followed Tolu since it was listed, mostly because of their PNG connection. As in my avatar, I worked in PNG on the construction of Porgera and know the massive potential of the country and its significant risks. Now is the time for companies like Tolu to derisk and snap up private companies in safe jurisdictions ready to go into production and supply cash for the PNG operations.
    There are still some opportunities out there, although the window is closing rapidly as Gold emerges from the shadows of a bear market and transitions into a bull. Lots have been snapped up, but nuggets that are ready to go into production fully built and permitted just had some bad luck and would now shine with the new gold price, like Laiva Gold in Finland, one of the safest jurisdictions in the world, a NATO country in the EU, are just sitting there, ready to be plucked by a listed company like Tolu. Finland uses the Euro, and unfortunately, it is heading down as the problems in the European economy are set to intensify over the next few years. I would not be surprised to see the Euro devalue to the USD by more than 10% in 2025 alone. The video below shows the mine, and I am sure Tolu could pick it up for a great price.
    Unfortunately, while exploration has the potential to see large re-rates, it costs money, and funding from producing assets is the best option. The market has not fully woken up to private companies yet, so the opportunity to snap up a bargain is still out there. I am sure management is always looking for opportunities to expand, but they should really be also thinking about derisking as part of their strategy; all the eggs in one basket, as they say, is never a good idea. Anyway, that is my two cents, and if they could pick up an asset like Laiva Gold, or like, in a safe location, then I would be a buyer for sure. Don't get me wrong, I like the company and the PNG assets, but I am a little gun-shy given my past experiences in the country and know the risks are very real. Happy New Year, and go GOLD.

    https://youtu.be/G9HqWgfiOBc?si=DzUjx5eO3zCONrus
 
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Last
83.0¢
Change
-0.050(5.68%)
Mkt cap ! $122.4M
Open High Low Value Volume
83.0¢ 83.5¢ 83.0¢ $8.895K 10.71K

Buyers (Bids)

No. Vol. Price($)
2 36810 83.0¢
 

Sellers (Offers)

Price($) Vol. No.
87.5¢ 12873 1
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Last trade - 11.42am 12/08/2025 (20 minute delay) ?
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