TGX Energy & Resources Inc V.TGX

Alternate Symbol(s): TNGMF

Metals & Mining Industrial Metals & Minerals

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

TGX Energy & Resources Inc

Bullboard Posts

Comment by bpaton Aug 29, 2014 5:34pm

236 Views

Post# 22891597

RE:News coming?

I kinda doubt it. #1, if big news did come next week, I'm sure this trade would look very suspicious and #2, it's a risky gamble. $130,000 bucks on a lightly traded stock hoping a news release will make you money and then hoping you can actually sell 1.3 million shares, that all seems very risky to me. Maybe this was just someone taking a long term position.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week