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Big Gainer; Toron Inc. (TRON)

By Warren Paige

Shares of Toron Inc. (OTC: TRON), a mineral exploration company focusing on projects involving gold and other valuable metals, are seeing a huge rally in trading today.

At last check, TRON shares were trading 64.71% higher at $0.0140 on above average volume of 13.60 million. TRON touched an intra-day high of $0.02 in trading today.

Toron shares are soaring after the company announced the receipt of completed NI 43-101 Compliant Technical Report on its Tiblemont Gold Property (TPG). The report includes 100 claims that make up the Tiblemont Gold Property and is very in-depth. TRON had recently acquired the property.

Michael Whitehead, CEO of Toron, said that it is good to have received the NI 43-101 Geological report on the Tiblemont Gold Property which confirms TRON’s opinion for the potential of previously passed over mineralization potential. Whitehead said that TRON looks forward to starting its exploration program on the property.

 

July 24th, 2012 | Tags: | Category: Hot MicroCaps

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All stories in DailyStocks.com are for informational purposes only. This is NOT a stock recommendation. This DailyStocks.com story is a daily light analysis featuring a stock with insider buying. With some caveats, insiders purchase a stock because they think the stock is going up. There are other factors to consider such as size of the transaction relative to their compensation and net worth. Sometimes, insiders might be propping a stock price up for future financing. Sometimes, the amount of insider buying are misread or misreported. Each month, DailyStocks releases a a summary of the stocks with insider buying. Sign up for the free monthly newsletter at DailyStocks.com . About Dailystocks.com: DailyStocks.com is the place where you can find stories about stocks with insider buying, where you can educate yourself about stock market investing, and where you can perform the stock search engine analysis – you enter a stock symbol, and you get a resulting page of stock ticker indexed links so that you do not have to type the stock symbol each time.