Bullboard - Stock Discussion Forum 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... see more

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TSXV:LOT - Post Discussion

TomaGold Corp > Reasons for selling

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Post by INVESTING2000 on Feb 08, 2021 2:43pm

Reasons for selling

While Eagle does point out some legit reasons for selling, IMO there are still too many investors continuing to dump millions of shares under $0.10. To me, that points to a serious lack of faith in management and the fact there is nothing significant announced to get excited about. Until this changes, we are stuck at these unexecptably low levels. We need a much better news flow including large drilling programs, specific timelines and the 6 - 18 month development plan for each property. Something investors can truly embrace, and thus justify buying LOT shares. Or at least holding on to their shares, that would be nice too.

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