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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

Post by eagle35on Jan 26, 2021 8:47am
275 Views
Post# 32385566

Tomagold future looks bright!

Tomagold future looks bright! 1) Obalski drill results coming  out soon. 
This will be a game changer for Tomagold and its shareholders. Once the results are out the market won’t be able to ignore the great potential and the amazing value this property holds. This will be Monster lake on steroids. There is a huge difference here, instead of owning 25% we own 100% of this project. 
2) IAMGOLD shares. IAMGOLD has been underperforming so far, it’s matter of time before this great company start moving much higher or someone else takes them over at premium. This is a great investment and it will pay off handsomely to Tomagold and its shareholders.
3) Pacton shares. Again, hasn’t been performing well lately, after moving up as high as 1.80 per share, they went down to around 90 cents. They are a good exploration company with decent properties. They are drilling and its matter of time before they hit big and move much higher. With a bit of luck, our shares in IAMGOLD and Pacton could double in value with minimum to no risk of downside. 
4) Over 1 million dollars in cash. We can still carry out drill programs without having to sell our shares in IAMGOLD or Pacton which holds huge upside potential. 
5) Start drilling on Monster Lake East. Now we are developing two properties at the same time. 
6) Doing research work for future drilling on Monster Lake west. 
These are all facts and no BS. In my humble opinion, the future looks bright for Tomagold and its shareholders! 
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