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True North Gems Inc V.TGX

Alternate Symbol(s):  TNGMF

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.


TSXV:TGX - Post by User

Bullboard Posts
Post by IqaluitZenon Sep 06, 2016 9:21am
188 Views
Post# 25209333

If They Resume Trading....

If They Resume Trading....I suspect the SP will drop a lot more. It's too bad, I had high hopes for this venture when I first invested in it a few years ago, but I got out because I grew impatient but I continued to watch and read.

I hope (for small investors sake) that they are able to find the investment they need to continue the operation. But it makes me weary that they only need a few million, but no investors are willing to step forward. For the size of investment, there should be a lot of potential investors, but obviously there is something they are seeing that they don't like; otherwise this play would be continuing.

I feel bad for the small investors that have been patiently waiting for this project to get up and running and to start to pay off.


Bullboard Posts