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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

Comment by eagle35on Aug 29, 2022 4:14pm
104 Views
Post# 34927806

RE:RE:RE:RE:RE:RE:RE:Hopefully this doesn’t spill over.

RE:RE:RE:RE:RE:RE:RE:Hopefully this doesn’t spill over.How so, the stock will be halted for god knows how 
long. In mid 2017 Tomagold got 2.5 million dollars from IAMGOLD. There was no drilling expenses, since we didn't do any. We were halted for 1.5 years, so there shouldn't be a lot of expenses. Mid 2020, Tomagold has absolutely no money left in the bank account. What happened the 2.5 million dollars we got from IAMGOLD for 19.9 % of the company. 1 million went to start Tomasouth, which never made it back to Tomagold accounts. I had this conversation with David as well couple of years ago. I asked him straight up, where did the money, the answer was read the financials. If AMF gets hold of these crooks, that will be the end of David Grondin and his CFO, since they are in bed together. But unfortunately that would be the end of Tomagold as well. 

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