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TomaGold Corp TOGOF


Primary Symbol: V.LOT

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 PeterThomason Jan 04, 2023 12:19pm
277 Views
Post# 35202908

Wishful thinking that LOT has a future

Wishful thinking that LOT has a futureThey will run out of cash (after payments to management and the Board).  No chance to raise funds.  No year end audits like what happened to AM Resources.  What happeded to the South America gold exchange funds when it was closed down ?  Vansished into thin air.  Management is not transparent.  They rely on the "suckers are born every minute"  theme to survive.
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