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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
Comment by eagle35on Jan 15, 2019 9:09pm
31 Views
Post# 29237283

RE:RE:RE:Iamgold and 75% of Monster

RE:RE:RE:Iamgold and 75% of MonsterThe bottom line is that once the deal with Quinto closes, we own 50% of Monster Lake.
Tomagold unfortunately does not have the luxury to play the waiting game, so end 2020 or 2022 it means absolutely nothing. With no other deal in place, Tomagold gold won’t survive until summer,?nevermind 2022. I’m pretty confident that David & Co before spending our last pennies on these two deals, they already had a deal in place. These two properties were bought in somebody’s else request. David & Co have invested a lot time and money and won’t throw it away for nothing. The only question here is how much would we get ? Again I would be happy with .15 to .20 cents.
Bullboard Posts