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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 PeterThomason Sep 24, 2020 1:12pm
88 Views
Post# 31612034

RE:Way undervalued!

RE:Way undervalued!
eagle35 wrote: Tomagold current market cap: $10.5 million dollars. 
Tomagold current Cash & Shares over $11 million dollars. 
Way undervalued, we got more cash and cash equivalents then our market cap. This does not include our amazing properties we still hold. 
Catalyst for in the near future: 
Gold prices moving much higher. 
Obalski drill program. 
Baird drill program. 


The properties are very early stage.  They are less than amazing.  They will need a lot of money to explore, prove up and develop.  This will take years.  I don't trust Grondin or his hand picked cronies to be the persons to step up and do the job.
Bullboard Posts