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 RobertPageon Nov 13, 2013 10:48am

229 Views

Post# 21901332

RE:RE:Base on the IAMGOLD deal

Look at the facts

LOT doesnt have any NI resource estimate 43-101

nonetheless they've signed an agreement with a major

in a very difficult environment for juniors;

IAMGOLD is recognized to develop gold mines at low cash cost per ounce;

Resource might be north of 2 MM ounces;

Stock is quite cheap on a risk/reward ratio;

Odds are for a deposit with a value over 3 biilion dollars;

For all of the above, LOT is a buy

And by the way, the retail is almost dead.

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