Chart position of Toron, Inc. (OTC:TRON) has been rather unstable during the past days. After a 1.10% price jump on Friday, 
yesterday the stock lost 1.09%, while its traded volume rose up.
Unsatisfied with the loss, TRON decided to get the climb again supported by promotions and news.
The campaign was held yesterday by a couple of promotional websites for a total compensation of $21,300.
Today, the promotions were followed by a press release which reported Toron’s plans to pursue additional properties in the Val d’Or area of Quebec. According to the announcement, the company believed that previously overlooked claims might show additional indications for minerals.
The optimistic news, accompanied by the promotional campaign were meant to pump up TRON stock price, and the result should be seen any minute.[BANNER]
Toron Inc. is a new mineral exploration company focusing its attention on projects involving gold and other valuable metals. In February, the company signed an agreement to acquire an undivided 100% interest in a total of 193 mineral claims located in the Province of Quebec, Canada. On Feb 29, 2012 TRON has completed its obligations under the Acquisition Agreement by issuing an aggregate of 8,500,000 shares of its common stock and paying $40,000 for the claims.
However, what is more interesting is the latest 10-Q report provided by Toron. According to it, the company reported $0 assets as of Oct. 31, 2011 against liabilities for almost $67,000 and plenty of losses that cannot be covered.
In other words, if the new claims don’t bring TRON any profit in short term, the company might be unable to continue as a going concern.
