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TomaGold Corp V.LOT

Alternate Symbol(s):  TOGOF

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

Bullboard Posts
Post by INVESTING2000on Oct 04, 2016 6:30pm
104 Views
Post# 25309154

Toma & Gold

Toma & GoldIf Toma was following gold, we'd be down further today. LOT's drop off had nothing to do with gold prices. It was prior news, or lack thereof. Thus our fall from $0.15 happened over the last few weeks, well before today's drop in gold. The day LOT actually follows gold prices is the day we've all made some good money. Let's hope that day comes eventually. Sooner would be better than later. Until then we will be news and results driven. Gold will have minimal effect on our SP. Speaking of news... What's IMG plans for the next 12 months? They've got some money to start spending again on our JV property. David?
Bullboard Posts