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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
Comment by RobertPageon Mar 06, 2013 8:56am
203 Views
Post# 21086002

RE: RE: RE: RE: SHORT POSITION ! Short Squeeze!

RE: RE: RE: RE: SHORT POSITION ! Short Squeeze!

not from insiders

but from from investors

there are 3,750,000 warrants with a strike price of 30 cents still outstanding

expiring in December 2013

there are 2,736,240 warrants with a 12 cents strike price outsatnding expiring in Dec 2014

So it will provide capital to Tomagold and I guess they will all be exercice

in the coming months so roughly $1,5MM

 

Bullboard Posts