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TGX Energy & Resources Inc V.TGX

Alternate Symbol(s):  TNGMF

TGX Energy & Resources Inc., formerly True North Gems Inc., is engaged in the exploration and evaluation of natural resource properties in Canada. Its properties include True Blue, Cobalt Hill, Chuchinka rare earth element (REE), Decelles and The Nabikok. The True Blue Property comprises around 303 claims located 55 kilometers (km) south of Ross River, Yukon. The Cobalt Hill Property, a base and precious metal prospect, is located five km east of Castlegar in southeastern British Columbia (BC), covering an area of over 562.5186 hectares (ha). The Chuchinka REE property is a grassroots REE exploration prospect covering an area of over 562 ha, which is located four km north of the Defense Metals Corp. REE discovery known as the Wicheeda rare earth element deposit, in BC. The Decelles property consists of around 215 claims. Nabikok Property is an early-stage lithium-bearing spodumene pegmatite prospect comprised of 155 exploration claims, located in the eastern region of the Abitibi Belt.


TSXV:TGX - Post by User

Bullboard Posts
Comment by bpaton Mar 27, 2014 9:41pm
232 Views
Post# 22379422

RE:they still have to build the infratucture and get the ER

RE:they still have to build the infratucture and get the ER hey jj, I've bought a few companies in pre-production phase, so I know what it's like.  Even when they do go in production, the profits aren't really what people expect, shares diluted etc. It takes a long time to see a decent return.  I threw some play money into this one, see what it's like over the next month.  If it goes to 10 or 11 cents, I may just cash out for a quick buck.  Otherwise I don't mind waiting a few years to see what happens.  Ruby's are kind of a sexy investment.  And ruby's from Greenland, how cool is that.
Bullboard Posts