TGX Energy & Resources Inc V.TGX

Alternate Symbol(s): TNGMF

Metals & Mining Industrial Metals & Minerals

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.

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TGX Energy & Resources Inc

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Comment by Privetton Oct 06, 2009 1:15pm

390 Views

Post# 16366620

figgo

65,000gms (325,000carots) of gem quality and 129,000 gms of near gem quality from 165 tons from bulk sampling is nothing to sneeze at. You should check out the web site. Some of the gems recovered were worth up to $3,000 per carot.

As a long time sharehoder I have been somwhat desappointed in the performance of the share price but the last few days have been somewhat amusing for me to see the stock run up and back down on heavy volume and to see the ignorant posts on this board.

GLTA

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