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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

Comment by eagle35on Dec 01, 2021 4:54pm
62 Views
Post# 34187229

RE:RE:David Grondin & Co must Go!

RE:RE:David Grondin & Co must Go! Thanks for your support, it's greatly appreciated. It's extremely frustrating that every time we announce great results, instead of share price moving higher it goes down. To me, it only proofs my point that there is absolutely no confidence in management. With a respectable management this stock should trading  in high teens. I've been holding this stock for way to long, hoping that one day it will pay off. Unfortunately that day has never come. Few years ago, when drill results were announced (Monster lake), the stock would pop few cents in high volume and than come back down few days later in low volume. Now you get amazing results but nobody gets excited, nobody buys in, no new investors. Our CEO is pathetic, he's got no vision and no plans how to increase shareholders value. I watched his newest video release this morning, it was pathetic. All he talks about is how happy he is with the results and his future drill campaigns in Obalski. This stock won't move unless there is a major shake up or this fuking  idiot realizes that without some sort of resource estimate, showing ounces in the ground, this stock won't go anywhere. He keeps saying that we have over 80 years of drilling history, than he should have enough information to come up with some kind of resource estimate. He can announce something like this, based on historical data and current drill results we estimate that Obalski has a potential of being a half million ounces deposit or whatever amount. This as hole dances around but has no balls to make that call. We can drill until we turn blue, we can drill until this company runs out of money, but with no resources, we got nothing. Great results don't mean anything without a deposit in the ground. My only hope is for IAMGOLD to take us out. It makes perfect sense for them to buy us out. Total amount of shares out 157 million. IAMGOLD owns 27 million shares already. If they pay TOMA 8 cents a share that would be a total of 10.8 million dollars. IAMGOLD would get 1.44 million of its own shares back for total of $5.8 million dollars. Pacton shares, 1.6 million shares at 50 cents for a total of 800 hundred thousand dollars, plus 600 hundred thousand shares of Got at 80 cents for a total of $480 thousand dollars. Grand total = 6.8 million dollars. At the end they would end up paying around 4 million dollars for all Tomagold properties and get us out of this misery. 
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