Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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
Comment by garmin1on Nov 02, 2015 11:18pm
84 Views
Post# 24252447

RE:RE:RE:RE:RE:RE:Brutal Deal

RE:RE:RE:RE:RE:RE:Brutal DealI hear you.

Why the heck can't all the latest trenching and drilling data be disclosed to the shareholders, whether the results be good or bad, before such a deal can be approved. This property has already yielded some amazingly high grade intercepts, so in my mind, each drill hole matters.

Was IMG hinting of opting out I wonder? Not exactly sure of LOT's current cash position but I would have  been tempted to let them walk, I'm sure stronger companies like Goldcorp or Agnico Eagle would be interested in some high grade underground potential with excellent infrastructure and access.

It is indeed very interesting to the imagination why IMG would fast track this 3.2 million dollars of financial bait to secure their tenure!!! 



Bullboard Posts