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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 VeritasMaaton Aug 19, 2021 7:05am
194 Views
Post# 33728988

Stop the BS and get your fact straight- PART 1 - Management

Stop the BS and get your fact straight- PART 1 - Management
Everything posted here is false, the users on this board suggesting the management takes over ridiculous sh*t are just not reading the filings:
 
DG salary:
2020; 75,000 + 63,750
2019; 150,000
2018; 150,000+ 65,116
2017; 150,000 +68,412
2016; 150,000 + 51,775
2015; 125,000
2014; 112,667
2013; 75,000
2012; 50,000
 
MN salary
2020; 30,000
2019; 72,000
2018; 72,000
2017; 72,000
2016; 72,000
2015; 69,250
2014; 69,250
2013; 60,000
2012; 69,463
 
These numbers come from the CIRCULAR WE RECEIVE FOR EVERY GENERAL ASSEMBLY
 
Few things important to note:
  1. None of these guys take management fees over the work being conducted on the projects. It’s a known fact the industry is loaded with this racket, do some DD you will find them, I’m not here to point finger.
  2. In 2020, even with the pay cut, DG took all his bonus and put it back into the private placement at the end of the year and MN did almost the same with his paycheck. Look your SEDI fillings.
 
Honestly, this is normal payout. But I have seen a lot worse than that. If you are jealous of the paycheck, you should ask yourself if you could do that job? Would you be good at it? And would count the hours on the job (max 35 hours a week) or be full on almost all the time ( not mentioning having to deal with some major BS coming from stupid peoples)
 
CASE CLOSE.
 
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