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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

Post by PeterThomason Jan 04, 2023 12:19pm
244 Views
Post# 35202908

Wishful thinking that LOT has a future

Wishful thinking that LOT has a futureThey will run out of cash (after payments to management and the Board).  No chance to raise funds.  No year end audits like what happened to AM Resources.  What happeded to the South America gold exchange funds when it was closed down ?  Vansished into thin air.  Management is not transparent.  They rely on the "suckers are born every minute"  theme to survive.
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