Del Toro Silver (OTC- DTOR) Announces LOI for Gold-Silver Project
SolventStocks Newsletter
Good Morning Traders, It seems Mr. Solvent`s speculative pick, Del Toro Silver Corporation (OTC: DTOR), could be right on the money—just a couple of days behind.
Mr. Solvent issued an alert on this silver exploration penny stock on Friday towards market close, when DTOR traded several times its 3 month average volume, and gained about 40% on no news since early September.
Mr. Solvent believed there was an attention-getting catalyst on the way and, last night, DTOR announced a letter of intent to acquire a 70% interest in the Orofino Gold and Silver Property in Sonora State, Mexico.
(NEWS:
http://clicks.aweber.com/y/ct/lwxg&m=Jjmh7qOdwhWz6t&bvNcUGIcSohm1TsR3MeaA) DTOR now has its eyes on the Orofino Property, which consists of 17 concessions covering 8,291 hectares, or more than 20,000 acres.
When combined with DTOR`s Dos Naciones, San Marcial and Papago Properties, this brings the Company`s holdings in Sonora State, Mexico to more than 90,000 acres.
Additionally, DTOR`s most recent “major acquisition” is comprised of 10 known mineralized targets and two strong silica, iron-oxide anomalies.
As of yesterday`s close, DTOR`s current price per share was $0.26, trading about 35% off its 52-week high of $0.35. With a float of less than 4 million shares, DTOR has been known to jump on relatively low volume.
After last night`s news, and more traders learning about this silver and gold penny stock, Mr. Solvent believes there could be more in store for DTOR.
Stay Solvent, Mr. Solvent Copyright 2010. Solvent Stocks LLC. All Rights Reserved.
*Never invest in a stock mentioned by Mr. Solvent or SolventStocks.com unless you can afford to lose your entire investment. We have not been compensated by, nor hold a position in, Del Toro Silver (OTC: DTOR). For our full disclaimer, visit http://clicks.aweber.com/y/ct/lwxg&m=Jjmh7qOdwhWz6t&b=Dfka0sYD7TQZcS82ulsJhQ Stay Solvent, Mr. Solvent Solvent Stocks LLC, 5 Brewster Street, Glen Cove, NY 11542 To
Related posts:
- HONORS ALERT — $DTOR Signs LOI for 66,000 Acre Exploration
- Brand New Trade Alert Coming Tomorrow Night!! Be Ready!!
- New SILVER Pick is DTOR-Del Toro Silver Corp.!!!!
- Del Toro Silver Corporation (OTC- DTOR) is a Solvent Stock
- Liberty Energy Corporation (OTC- LBYE)- An Explosive Opportunity for a Short Term Gain