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 INVESTING2000on Sep 15, 2020 6:39am

100 Views

Post# 31558468

RE:RE:RE:Drilling, drilling, drilling...

The entire management team and BOD combined own around 2% of the company. Not nearly enough. David and Lepine hold the vast majority, and they have had those holdings for a long time. Lepine IMO has an acceptable holding as a board member. David as CEO, especially given his very high compensation over the last years, is far too low, As well, there has been no insider buying for some time, especially at these pitifully low prices. If they do not have belief and confidence in CEO, CFO and BOD, in otherwords themselves, why should the market?

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario