Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

TGX Energy & Resources Inc V.TGX

Alternate Symbol(s):  TNGMF

TGX Energy & Resources Inc., formerly True North Gems Inc., is engaged in the exploration and evaluation of natural resource properties in Canada. Its 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 (BC), covering an area of over 562.5186 hectares (ha). The Chuchinka REE property is a grassroots REE exploration prospect covering an area of over 562 ha, which is located four km north of the Defense Metals Corp. REE discovery known as the Wicheeda rare earth element deposit, in BC. The Decelles property consists of around 215 claims. 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.


TSXV:TGX - Post by User

Bullboard Posts
Post by Privetton Oct 17, 2008 11:59am
474 Views
Post# 15531641

Buffet Says:

Buffet Says:Buy stocks when everyone else is panicking - Sell stocks when everyone else is greedy. 

I've been picking away a little at at time and will contiune to do so over the next six months (in my own small way).  I anticipate continued dilution on this stock over the next year or so.  My belief that this will be a$6 to $10 stock in the next 3 years has been tempered to a $3 to $5 stock in 4 years.  Given that the stock will suffer from dilution I intend to slowly double my holdings with an average stock price at much below my average price of around $.45.   Given that this stock is trading somewhere around the value of its inventory of carved stone, jewelry, polished stones and rough I see very little risk here.  If someone were to come along and buy this company out at around $.40 -$.50 I would be disapointed but I would be at least head of the game.

Good luck to all.
Bullboard Posts