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TomaGold Corp V.LOT

Alternate Symbol(s):  TOGOF

TomaGold Corporation is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, copper, rare earth elements and lithium projects. The Company is focused on consolidating the Chibougamau Mining Camp in northern Quebec. In addition to the agreements to acquire 13 properties in the camp, the Company holds interests in five gold properties in the vicinity of the camp: Obalski, Monster Lake East, Monster Lake West, Hazeur and Doda Lake. It also owns a 100% interest in a lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec, as well as a 24.5% interest in the Baird property, located near the Red Lake mining camp in Ontario through a joint venture with Evolution Mining Ltd. and New Gold Inc. The Obalski property consists of about 74 claims covering a total of 2,740 hectares (ha) and lies three kilometers (km) south of Chibougamau, Quebec.


TSXV:LOT - Post by User

Bullboard Posts
Post by M_SSon Oct 10, 2012 11:16am
221 Views
Post# 20468490

HUGE BUYING OPPORTUNITY

HUGE BUYING OPPORTUNITY

This is a huge buying opportunity right now...tight strucuture, they announced bulk sampling a couple weeks ago and metallurgy yesterday morning. The reason their stock got hit hard is because after they released their discovery hole, they had to issue 16.5 million shares to their partner, Stellar Pacific who then reissued these shares to their shareholders as a dividend. Since they had free trading paper at $0.96, they sold everything and hammered the market. Management owns about 16.5%, and their last financing was priced at $0.20. GREAT BUY at these levels.

Bullboard Posts