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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 BrentHon Apr 01, 2014 10:15pm
183 Views
Post# 22398706

RE:RE:RE:RE:RE:RE:RE:RE:Back in the saddle again

RE:RE:RE:RE:RE:RE:RE:RE:Back in the saddle again
scuba2223 wrote:

The stock has traded over 44 million shares since January 2014. I think Lenomi is done selling but unfortunately the damage has been done and will take time for that stock to go into stronger hands. That being said if you bought at 6.5 you should be happy.

Scuba

 



Sounds about right Scuba. Very happy at .065.
Insider reports show balance of 25m at end of Mar14 dump, so he would seem to still have some left since not all house selling were him.. not sure why anyone else would sell at .065 or .07 though? TGX though gemstone mining, isn't that glamourous, most of us should be loading up for long and small profits .1x once hitting two or three bag... but most should be long.. I'm guessing we have picked up some day traders though and lenomi has 8m left to dump.  Another day or two at .07 and then climbing up up. Anyone else have guesses of where we stand?
Bullboard Posts