And here we go again... Nothing has changed.Same management team. Same inept BOD. No major 'deal'. No new valuation. No cash in the bank. Built up payables. Why won't we see a repeat of the last 4+ years? No exploration. Company used as an ATM. More dilution. We can only rely on history in assessing this group.
This stock is going to get slammed over the next week or two. Planet Ventures is waiting to unload their 10 million remaining shares. Other investors tired of having dead money in this mess will be dumping. I could see the stock hitting $0.02 before the dust settles.
Thankfully shareholders have been very lucky that the world suddenly changed and gold is stronger than ever. Very, very lucky and the only salvation we have.
Until the current Tomagold gang can start proving they are capable of running a business, developing assets, and bringing serious investor groups in, LOT will sadly remain extremely undervalued.