Bullboard - Stock Discussion Forum 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... see more

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TSXV:LOT - Post Discussion

TomaGold Corp > Great day for our GOT investment. As soon as the first

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Post by GoldRushCanada on Jul 12, 2021 5:53pm

Great day for our GOT investment. As soon as the first

Tomagold drill results start coming out in early August hopefully we have a similar run. I would not be surprised to see Imagold buy us before the end of the year.

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Comment by 12many on Jul 12, 2021 6:36pm

Have you seen IMG's share price? It's at an all time low which doesn't help our investment either. I'm not too sure they are in a position to buy anything right now and even if they are they don't exactly pay top price for their purchases.

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Comment by GoldRushCanada on Jul 13, 2021 5:47pm

Exactly why they will buy Tomagold if we see strong results. Iamgold already owns 20% so that makes it an easy decision. They have more than enough cash. They need more properties, especially in Canada. I would expect to see the stock start moving up first as results are released and then an offer between $0.50 - $0.60.

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