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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 Aug 13, 2020 6:22pm
193 Views
Post# 31405818

No Deal David strikes again!

No Deal David strikes again!What a distaster / joke. Over 18 months and counting. What is the definition of 'insanity'? Watch these clowns issue another 14,000,000 options to themselves at the next annual meeting. Dilute shareholders further. I'm sure there are bonuses pending for putting this great deal together. Any professional business person that failed this badly in the real world for so long, that had any class or intergrity, would have resigned (or been fired). But not our management team or BOD. Nothing has changed but the price of gold. Once the market applies the 75% discount to LOT for our management / BOD, we'll be lucky if we open above $0.07. What a waste of time, money and opportunity costs for shareholders. Truly unbelievable and yet so expected. David's last chance to finally do something good for shareholders has come and gone. Back to more of the same. GLTA - we will all need it.
Bullboard Posts