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still suffering post-traumatic stress.....redandgreen said:ironically It's a curse even though I did come in on the float.
PS I am a refugee of the dotcom era......
TOE - Toro Energy
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TOE = Next PDN?
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I would like to know exactly what assets TOE has, I could do this research myself, but remember that TOE wasn't really anything special, especially at prices of $1
So if a TOE follower could, please list its fully diluted share capital, its current mkt cap, its cash position,
Its current deposits, (wait it doesn't have any)
Well its most recent drill results (hmmm no drilling either?)
Its surveys at least?
Something apart from the fact that it is a Uranium focused company, with an excellent board of directors, good sized cash coffers and good ground holding, surely there has to be something else to justify its Huge Mkt Cap, or is that it, and the pure appeal of the What if? type discovery,
I am actually curious to know why people are buying, ie if they are traders simply using the chart, or if they are investors who feel based on the fundamentals stock is undervalued, or just band wagon ie Uranium is the stuff so why not,
So if a TOE follower could, please list its fully diluted share capital, its current mkt cap, its cash position,
Its current deposits, (wait it doesn't have any)
Well its most recent drill results (hmmm no drilling either?)
Its surveys at least?
Something apart from the fact that it is a Uranium focused company, with an excellent board of directors, good sized cash coffers and good ground holding, surely there has to be something else to justify its Huge Mkt Cap, or is that it, and the pure appeal of the What if? type discovery,
I am actually curious to know why people are buying, ie if they are traders simply using the chart, or if they are investors who feel based on the fundamentals stock is undervalued, or just band wagon ie Uranium is the stuff so why not,
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the drilling has started....
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I have not once touched TOE, but even I was suprised to see this day traders favourite simply sit there as the drilling ann came out, hmmm it just goes to show its all about the timing two weeks ago and this thing would have gone off into orbit leaving people like me scratching my head and asking why?
Today, it just putters along after the ann, looks like Volume starting to pick up now, good luck
Today, it just putters along after the ann, looks like Volume starting to pick up now, good luck
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YOUNG_TRADER said:
Y.T. according to http://www.toroenergy.com.au the quarter report is due end of April 2006.
Would you share with us if you have TORO's balance sheet with you. if you could do that research? Coz I've been researching for 2 days and I could not find TORO's balance sheet.................
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Legs here's the Toro thread
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I have very high regard to geologist. But after reading the TOE's broker's presentation, I have to recall a joke: How many TOE's geologists are need to find uranium?
The answer is they have six, and have found almost none.
It is the biggest overheads I have ever seen. Including directors, they might have 30+ people on the payroll, while most companies at TOE's size might have only 5.
They MD is trying to run TOE like BHP, he might have a nice office, and a sexy secretary (Admin assistant is on the chart).
I guess the money is burning a lot faster with so many overheads.....
Now they even dreaming about taking over somebody else, where is the money? Why people like to associate its name with a toe?
I am not against TOE, just my observation, and generate some interest to discuss this sleepy listless uranium stock. It might siting on a pile of uranium with lady luck 's help.
The answer is they have six, and have found almost none.
It is the biggest overheads I have ever seen. Including directors, they might have 30+ people on the payroll, while most companies at TOE's size might have only 5.
They MD is trying to run TOE like BHP, he might have a nice office, and a sexy secretary (Admin assistant is on the chart).
I guess the money is burning a lot faster with so many overheads.....
Now they even dreaming about taking over somebody else, where is the money? Why people like to associate its name with a toe?
I am not against TOE, just my observation, and generate some interest to discuss this sleepy listless uranium stock. It might siting on a pile of uranium with lady luck 's help.
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The magnificent 6 geologist finally found some uraniums with drilling a hole!
Wysiwyg
Everyone wants money
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mmmmining said:
Watch out mmmmmmmmmining....TOE might go for a run........with feet of course..
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Wysiwyg said:
Good luck then! Maybe they have heard my complain. Enjoy your
Comments: People might revalue it as a potential producer. The question is you have to ask how long does it take to advance the Napperby project? Minimum 3 years? Might be longer. So TOE cannot be valued as near producer. Buying one project might not be the answer to TOE's problem. They need to be slim, and fast.
Uranium stock is very speculative, anything could happen...
Would have to agree but the roulette wheel has turned up them for a while is it their turn to make a dash? I didn't like then to begin with bought at 55c sold at about 76c months ago then notice they had not done nothing just consolidated so bought back in at 74c and 75c a week or so ago and sellers drying up. I am still going to sell for a profit but when? And do I get a ride? I am a silver trader. Uranium is plentiful and everywhere so no big deal. Just go with the flow.
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Up over $1 now
Because TOE only took few days to reach the heavens when it first started 12 months ago interday 1.50 closing high 1.40 on the way down didn't do much stopping 1.30 but did try a few times at 1.15 (sellers are now waiting already). This breakout from a good consolidation seems o/k (to me).
Since 31 july last year avg vol approx 300,000 shares and only 10 days over 1 mil and three of these last 3 (with approx 2mil). Breakout seems orderly enough TO ME.. (I go with the flow not the herd)
Since 31 july last year avg vol approx 300,000 shares and only 10 days over 1 mil and three of these last 3 (with approx 2mil). Breakout seems orderly enough TO ME.. (I go with the flow not the herd)
As stated before I am a silver and gold bug. I will have either zero or 80% to 100% of my portfolio in gold or silver. At the begining of this week I held zero.
I am now 25% to 30% and increasing every few days.
But still depends on a few things as to how quickly I move.
TOE energy will be by last stock to sell (I have about 3 others before it becomes its turn).
TOE, breakout from consolidation has been orderly and with good higher volume it has made a higher high and higher low each day.
As stated this resistance (around 1.15) was one which tried to be support on several occassions and "IN MY OPINION" may take a few days to break down.
I am now 25% to 30% and increasing every few days.
But still depends on a few things as to how quickly I move.
TOE energy will be by last stock to sell (I have about 3 others before it becomes its turn).
TOE, breakout from consolidation has been orderly and with good higher volume it has made a higher high and higher low each day.
As stated this resistance (around 1.15) was one which tried to be support on several occassions and "IN MY OPINION" may take a few days to break down.
TOE has strong resistence 1.10 - 1.15 was I dissapointed in todays results or trading the answer is no. I do think however regarding outside influence as in overseas markets. That this move is just (great) . It seems to be consolidating just above $1.00 (becoming support). The move and volume may tell the tale monday and tuesday. As stated I am a silver and gold bug (but am also a uranium bug) I do hold share in AGS,BMN,TOE,ERN. was looking long tern Bmn and Ern.
I have also held shares at sometime in Dyl,rpt,dylo, aexo,blr,blro, mtn and a few others except Pdn (my ex wanted a divorce just when I was ready to buy 100,000 can't help bad luck)
I still hold TOE and will sell as I only plan to hold two uranium BMN and ERN (which I have been accumulating over recent weeks)
TOE still has a long way to go "in my opinion" I will hold until I transfer to gold or silver shares. I plan only to hold two uranium BMN and ERN(I hope a PDN that I missed out on.
I do think if US markets are favorable TOE has a long way to go in this move. ( I do not follow Australian markets my assumptions are based on US markets.
I invest in Australian shares based on US markets. I have daily data on DJIA back till 1895) I also base my asuptions on HUI and XAU are the only markets I follow
TOE has hopefully a while to run while it Consolidates for a "day" or two. IN MY OPINION".
I also move to cash based on US markets.
Tick Tock
I have also held shares at sometime in Dyl,rpt,dylo, aexo,blr,blro, mtn and a few others except Pdn (my ex wanted a divorce just when I was ready to buy 100,000 can't help bad luck)
I still hold TOE and will sell as I only plan to hold two uranium BMN and ERN (which I have been accumulating over recent weeks)
TOE still has a long way to go "in my opinion" I will hold until I transfer to gold or silver shares. I plan only to hold two uranium BMN and ERN(I hope a PDN that I missed out on.
I do think if US markets are favorable TOE has a long way to go in this move. ( I do not follow Australian markets my assumptions are based on US markets.
I invest in Australian shares based on US markets. I have daily data on DJIA back till 1895) I also base my asuptions on HUI and XAU are the only markets I follow
TOE has hopefully a while to run while it Consolidates for a "day" or two. IN MY OPINION".
I also move to cash based on US markets.
Tick Tock
