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

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Post by Lawyerupon Apr 07, 2021 7:36pm

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Post# 32954347

Explanation Needed

So looking at TomaGold we have a small cap venture gold mine stock that has a p/e of 2.5, EPS is 3 cents, volume is next to nothing, insiders own 20%. What am I missing here? On the face of it this looks to be extremely undervalued and gets no attention but appears profitable. The mines are located in Canada not some African dictatorship country. Anybody have any comments? Looks interesting. All the best, Charlie.

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