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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
Comment by Dave4444on Nov 03, 2009 7:55pm
582 Views
Post# 16449955

RE: RE: This company has no clue

RE: RE: This company has no clue
To bad that between Greenland paperwork and TGX management this company is going nowhere fast.  Imagine if it were located in Canada with decent management, it would have a $200 million market cap. and be in production.  They have the ability to supply most of the world ruby market and that is huge, yet here they sit with a market cap. smaller than a Canadian diamond exploration company that is just looking and has not found anything yet.  The market cap. is stupid given their potential, obviously the company needs to be bought out by someone that can do something with it.
Bullboard Posts