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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
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Comment by tpaymanson Jun 05, 2013 3:37pm
105 Views
Post# 21488570

RE: re re now we own the property

RE: re re now we own the property

Why  did LOT gave away 15 percent? Because he did not like the deal before? He asked QIT to step back in return of 15 percent?

 

Does LOT has an other (better) agreement with an other company?

If QIT did not want to proceed they would not have the 15 percent in return!

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