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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 Jan 19, 2018 10:20pm
74 Views
Post# 27399257

WTF? Really that's the 1st news LOT releases in 2018

WTF? Really that's the 1st news LOT releases in 2018Just when you thought David, the Board of Directors and the new Advisory Board couldn't be any more useless, they have to issue shares at $0.06 to pay for their recent executive lunch. Cash must be gone. Too many vacations, bonuses and lunches one must assume. Lawsuits and jail time on the horizon? Can they really be that corrupt? Or just incompetent? Having trouble seeing there are any good intentions for shareholders from management and that they are in any way working to build shareholder value. If management has any credibility left, it just took another hit. Was trying to give David the benefit of the doubt and expected strong news releases about multiple winter drilling programs and further plans by now. However, this is the first time I've ever seen a company with money in the bank issue shares at their low to pay a vendor $12,000. Embarrasing. Starting to wonder if and why the individuals on the advisory board want their name associated with Tomagold. So far they've been a waste of time and options. The start to 2018 is disappointing to say the least.
Bullboard Posts