True North Gems Inc V.TGX

Alternate Symbol(s): TNGMF

Metals & Mining Industrial Metals & Minerals

True North Gems Inc. is engaged in the exploration and evaluation of natural resource properties in Canada. The Company's properties include True Blue, Cobalt Hill, Chuchinka rare earth element (REE), Decelles and The Nabikok. The True Blue Property comprises around 303 claims located 55 kilometers (km) south of Ross River, Yukon. The Cobalt Hill Property, a base and precious metal prospect, is located five km east of Castlegar in southeastern British Columbia covering an area of over 562.5186 hectares. The Chuchinka REE property is a grassroots REE exploration prospect covering an area of over 562 hectares, which is located four km north of the Defense Metals Corp. REE discovery known as the Wicheeda rare earth element deposit, in British Columbia. The Decelles property consists of around 215 claims. The Nabikok Property is an early-stage lithium-bearing spodumene pegmatite prospect comprised of 155 exploration claims, located in the eastern region of the Abitibi Belt, Quebec, Canada.

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True North Gems Inc

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Post by redarTneJon Jun 24, 2015 7:47pm

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Post# 23865824

Share Dilution Immanent.

That's the only way to explain the recent price action. The bid actually hit 12.5 cents today. Somebody knows bad news is coming and if you are still in this, get the best price you can and get out. I would be feeling like a real sucker if I just picked up an extra 100k shares at 15 cents :p By the end of next week, everyone will be wishing they could sell for 12.5 cents. That's what constant share dilution will do. Doesn't anyone get tired of telling themselves that this stock should be higher, and yet watch it go lower? Put 2 and 2 together... True North Gems DOES NOT HAVE THE GOODS!

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