TRON Plans To Acquire Even More Land
PennyStockRumors Newsletter
Good morning readers and welcome new subscribers! Last night we sent you [1]our full report on TRON, a company focused on the exploration of mining properties in Quebec, Canada.
We also talked about how TRON currently owns 8,315 acres in the sweetest spot of Canadas legendary Abitibi Greenstone Belt. The Abitibi is the worlds second largest gold-bearing formation – only South Africas legendary Witwatersrand belt is bigger. Since its discovery in the 1920s, the Abitidi has yielded more gold than Fort Knox can hold – 180 million ounces of gold so far.
It seems as though this piece of land isn`t cutting it for TRON because about 30 minutes ago, TRON put out a press release that outlines plans to acquire even more land:
Toron Inc. announces plans to pursue additional properties in the Val d`Or area of Quebec April 3, 2012 – Toron Inc. announced today that it will continue with an extensive examination of acquiring additional properties in the Val d`Or area of Quebec, which is the name of the town and in English means the “Valley of Gold. The Val d`Or mining region of Quebec has been an historically gold and mineral rich area; with substantial gold finds throughout. There have been at least 30 million ounces of gold taken out of the region since its first discoveries.
The Company has decided that it would like to build on its presence in the region. This area of the Val d`Or mining region is home to a number of operating gold mines and has seen a recent surge of activity. Toron is actively evaluating different properties and projects with it may pursue. Due to a number of recent technological advances in the arena of mineral exploration, the Company believes that previously overlooked claims may show additional indications for minerals. Toron believes that this mining region is a word class area with excellent fiscal terms, a highly trained work force, and a developed infrastructure.
What we have here is TRON attempting to get a piece of another historically significant area. When you combine both of the areas they plan to operate in, you`ll realize that TRON could be in a prime position to capitalize on these acquisitions.
Combine today`s news with the rumors we`ve been hearing about tomorrow`s awareness campaign and you have the ingredients for what could turn out to be a great opportunity. Personally, will be waiting until Wednesday to calculate actual potential.
Make sure you`re watching TRON today! Disclaimer (image only):
References 1. http://pennystockrumors.net/tron-is-the-stock-to-watch-tuesday/
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