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 eagle35on Nov 10, 2021 12:27pm

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Post# 34110566

Trading at 7 ? Way undervalued.

Tomagold currently holds interest in 7 properties, here is a list :
The company holds an interest in Monster Lake west property, Winchester property, Lac--l'Eau Jaune property, Obalski property, Monster Lake East property, Hazeur property, Lac Cavan property, and Urban Lake project.
Besides that, Tomagold holds shares in IAMGOLD, PACTON and GOLIATH RESOURCES
Iamgold : 1.44 million shares trading at 3.97 = 5.7 million dollars.
Pacton : 1.6 million shares trading at 53 cents = $850 thousand dollars.
GOT : 600 thousand shares trading at 88 cents = $520 thousand dollars for a total of $7 million dollars. With gold prices poised to move much higher, this amount will only go up from here. All I got to say is that, we should trade much higher than current share price.