Bullboard - Stock Discussion Forum Tombill Mines Ltd V.TBLL

Alternate Symbol(s): TBLLF

Tombill Mines Limited is a Canada-based mineral exploration company, which is focused primarily on gold. The Company owns two of the 10 past-producing mines in the Geraldton gold district, four claim groups, of which three are situated in the Geraldton gold district of north-central Ontario (about 225 kilometers (kms) NE of Thunder Bay). Its projects include Tombill Main Group and Tombill... see more

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TSXV:TBLL - Post Discussion

Tombill Mines Ltd > 2 gold mines selling for .015 per share.

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Post by Oldschool2022 on Nov 12, 2022 11:27am

2 gold mines selling for .015 per share.

Founded 1935, by Newmont Mining and prospectors Tom Johnson and Bill Johnson, Tombill owns two of the 10 past-producing mines in the Geraldton gold corridor, four claim groups, of which three are situated in the Geraldton gold district of north-central Ontario.

The Tombill gold mine produced 68,737 high-grade gold ounces between 1938 and 1942 in the southeast corner of the claim group. The Talmora Longlac mine, located in the northeast of the Main Group property, was built in 1941 but saw only minor production before closing in 1942 (1,406 gold ounces). The Main Group borders on the property of the under-construction Greenstone mine, which will be one of Canada's largest gold mines, with production aimed for 2024.
Also with $778,000 in the bank they should have enough cash for awhile. Up 50% on Friday on high volume maybe because of the gold price increase. As the Greenstone Mine opens we should trend higher and might be a future take over.

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