TomaGold Corp V.LOT

Alternate Symbol(s): TOGOF

Metals & Mining Gold

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

TomaGold Corp

Bullboard Posts

Post by Goldcat007on Nov 10, 2015 1:46pm

95 Views

Post# 24277932

Question

Let us assume some serious gold is found.

If, and I do mean a big if, a third party wanted to buy out all the property for say $ 100 million, what would us minor shareholders get?

Would it be $ 25 million for the 25 % that was not given away ?

I think we got the shaft.

Bullboard Posts

Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle