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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 Feb 04, 2022 4:13pm
186 Views
Post# 34399434

NEW EDITION: STOP YOUR BS AND GET YOUR FACT STRAIGHT PART 1

NEW EDITION: STOP YOUR BS AND GET YOUR FACT STRAIGHT PART 1
Again reading the Bullboards basher is very pleasant, I hope the bullboard reader ask themselves WHY are you still shareholders if you keep complaining? Just wonder. let’s CORRECT THE FACTS
 
  1. Our Bullboards bashers complain about the cash position:
    1. FACT: yes the cash and liquid asset varies as the market moves
    2. FACT: yes they are spending on drilling and other works… this has been reported in all last year press release: DRILL, PULSE EM SURVEY, GYRO and so on.
  2. Our Bullboards bashers complain about the company selling some stocks:
    1. FACT: DUH!!????? Of course! Have you seen a private placement announcement in the last 12 months? Did you? No… so the money comes from selling some shares
    2. FACT: Yes they are selling IMG shares. BUT oh WAIT! They seem to be hedging themselves by holding 4500 call option on Iamgold! @ eagle35 how many shares of IAMGOLD can you buy or hedge with 4500 call? 450,000S SHARES! Of IAMGOLD. What does that mean? It means we have the same exposure as before in case IAMGOLD fluctuate and move up and or down. In fact, this is wise.
    3. FACT: they will most likely keep selling some stock to pay exploration work, that you want to be done and that they are doing! stop crying. last years your were complaining the company was not doing enough exploration and now they are doing you complain it cost money! yes it does!
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