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 buygoldbugon Aug 01, 2018 3:47pm

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Post# 28400192

RE:RE:RE:9 month Financials

you need to spend money to make money. we have over 500K invested into the gold brokerage which we will easily get back . We dont have a line of credit so we are using our own cash flow to fund brokerage. We buy the gold at a discount with our money and then sell it for a premium . So we get the 500K back plus maybe an extra 100K profit on top. Then I pressume we repeat this step but with a bit more money each time

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