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Bullboard - Stock Discussion Forum 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... see more

TSXV:LOT - Post Discussion

TomaGold Corp > News… And history continues to repeat itself.
View:
Post by INVESTING2000 on Apr 20, 2021 5:07pm

News… And history continues to repeat itself.

Rather than drill, drill and drill, and create some shareholder value, management are up to their usual distraction of wasting our cash buying more properties and heavily diluting shareholders. And now David has sewn into the news release his out: “depending on the availability of the drilling crews, our 10,000-metre drilling program on the same property.” How is it even possible, after all this time and money, he has not secured a drilling team for the 10,000 m drill program? The new BOD is not looking good.
Comment by PeterThomas on Apr 21, 2021 10:51am
Drilling firms steer away from miners like LOT, they don't need the risk of not getting paid.  Many others better clients clamor for their services.
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