TomaGold Corp V.LOT

Alternate Symbol(s): TOGOF

Metals & Mining Industrial Metals & Minerals

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

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Comment by nuggetinon Sep 23, 2016 8:12pm

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Post# 25272714

RE:RE:RE:Bit of a pullback today.

Context.Read the missioin statement. LOT is a stated singular gold company not a mineral company i.e copper aspect People who invest in gold companies want to do just that. This should have gone to the shareholders for their blessing. In addition, as a hoped to be takeover target, IAM nor Goldcorp etc would not be as inclined to deal with the complexities of a mixed mineral company period.Funding could have been achieved by other means and with less dilution..

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