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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 redarTneJon Jan 09, 2016 3:31pm
112 Views
Post# 24443493

RE:price

RE:priceAs the smartest one in the room, allow me to enlighten you. The reason this stock has been sold heavily during the day but has been closing at 0.17 is due to a practice called "high closing". It is generally considered to be unethical. It happens because there are a lot of desperate share holders that want the stock to appear stronger than it is. So at the end of the day, when it's about to close 10% down, one of them will step up and buy on the ask. This way when people look at a line chart to see how strong the stock is, they see a stock that is much stronger than it actually is. 
Bullboard Posts