TomaGold Corp V.LOT

Alternate Symbol(s): TOGOF

Metals & Mining Gold

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

Bullboard Posts

Comment by eagle35on Aug 11, 2019 4:18pm

98 Views

Post# 30016280

RE:Unlocking shareholders value

Pure speculation here, how much it’s Tomagold worth if a new resource estimate comes out in the next few months.Calculating at $1400 and ounce, 10% in the ground and 25% of it to Tomagold and 75% to IAMGOLD.
Again pure speculation, here are 3 scenarios :

1) From 433000 ounces that we currently have to 1.000.000 million ounces .

2) From 433000 ounces that we currently have to 1.500.000 million ounces .

3) From 433000 ounces that we currently have to 2.000.000 million ounces .

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario