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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 pennylane101on Oct 03, 2017 3:51pm
110 Views
Post# 26772208

RE:RE:RE:RE:RE:another underfill/odd lot trade today

RE:RE:RE:RE:RE:another underfill/odd lot trade todayThe headline that caught my eye was  300 million Kroner.   I did the conversion of Kroner to Cdn $ and it works out to about $60 million Cdn. or 20 cents per share for TGX sharehoders.I wonder if this is the amount it took to buy out True North Gems or was it to upgrade the mine?  What do you think Bob?  ;0)

It has taken 300 million NOK and a lot of waiting. But now the Greenland ruby mine of Leonhard Nilsen & Snner has finally become real.

https://www.highnorthnews.com/north-norwegian-corporation-has-opened-ruby-mine-on-greenland/


Bullboard Posts