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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 INVESTING2000on Sep 26, 2022 5:22pm
207 Views
Post# 34987807

In the real world an honest BOD with integrity would not

In the real world an honest BOD with integrity would not stand by and allow a CEO to under-perform to this extreme while getting paid very top dollar. They would terminate for cause, or at the very least dramatically cut back the salary while they searched for a replacement.  Next stop $0,03, and who knows from there. If our CEO cannot find investors at $0,04, clearly it is time for a change. In fact, it would greatly benefit his own investment in Tomagold, allowing a new, strong, professional leader to take over. The very slow train to Tomatown has come to a stop.
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