TomaGold Corp V.LOT

Alternate Symbol(s): TOGOF

Metals & Mining Gold

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

TomaGold Corp

Bullboard Posts

Comment by mrbigone99on May 16, 2013 11:53am

97 Views

Post# 21403435

RE: SUPPORT LEVEL

the SP of stocks like Toma (Lot.v) have very,very little corelation to the price of gold. When you have no defined reserves, no production, and no mine ....why does the price of gold matter? It doesn't right now. What matters is drills turning, good results, moving toward an estimation (the next 2 years at this stage) on what is in the ground (2015) and then deciding if the company wants to just be an exploration company (2015) become the producer and build a mine and start production (2018) and that is when the price of gold really matters. Not now....trust me. no one is going to peg the value of this company to the price of gold right now....

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