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TomaGold Corp V.LOT

Alternate Symbol(s):  TOGOF

TomaGold Corporation is a Canadian mineral exploration company. The Company is engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. Its projects include Obalski, Star Lake, Brisk Extension, Monster Lake East, Monster Lake West, Hazeur, Lac Doda and Baird. The Obalski property consists of 74 claims covering an area of 2,740 hectares (ha) or 27 square kilometers (km2), located approximately two kilometers (km) south of Chibougamau, Quebec, in the heart of the Chibougamau mining camp. It holds a 100% interest in 214 claims (Star Lake property) over an area of 10,906 ha, the land position in the sector. It holds a 100% interest in 107 claims (Brisk Extension) covering a total area of 5,487 hectares (or 55 km2). The Monster Lake East property consists of 105 mineral claims covering an area of 5,867 hectares and located directly to the east of the Monster Lake property.


TSXV:LOT - Post by User

Bullboard Posts
Post by Campinon May 14, 2014 2:23pm
288 Views
Post# 22561571

Got some today...

Got some today...Admittedly my decision was two-part... One is that with IamGold making such a huge commitment in these tough markets they must really believe in the potential here, meaning they must suspect that this potential is district size, aka... many millions of ounces!  World class....   Secondly just look at how well Nevada Sunrise is doing with just 20% Kinsley Mountain (Pilot Gold holding the rest), we own 45% here with a major commited to do most of the heavy lifting... We just have to sit back, let them make the huge discovery and just enjoy the ride.. 

Also I thought it was interesting that most of the warrant money raised recently much have been at 20c considering LOT said that the warrants exercised were mostly from the Dec PP.... But LOT has only spent a about a week at or barely above 20c... So those warrants holders are currently sitting at a loss or they were exercised and sold for pretty much no profit?  Kinda curious that....

Anyway... Look forward to seeing how this plays out.... 
Bullboard Posts