TOE 0.00% 26.0¢ toro energy limited

Oh i thought you were talking about the uranium mine lol. As for...

  1. 65 Posts.
    lightbulb Created with Sketch. 11
    Oh i thought you were talking about the uranium mine lol.

    As for the gold. I dont think they will pull it out by themselves. Wiluna and that area does have some infrastructure out that way. But SP goes up on speculation and and good exploration result should increase the SP.

    But having a uranium mine of only 10 years they might be looking to have a side option for when it does getting towards the end.

    A lot of ifs and maybes. But with out sitting down for a beer with the directors who really knows.

    I can say a few gold mines are starting up around the general area. Theres a few little towns coming back to life because of the high price gold. Demand is likely to stay high due to it being used in more and more electronics rather than the traditional jewelry type market.

    I guess what im trying to say, is its always good to have options and there is only so much research that can be done. At least its not iron ore lol
 
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