Tonogold Top Ten - October 2014
 
 

1. The completion of the acquisition of the Mil-ler Resources iron ore project near Hermosillo, Sonora, Mexico is COMPLETED!  TNGL now owns 100% of this project.

 
 

2. Announcements soon:  “further strengthening of the Board and capital raising.”

 
 

3. Tonogold is now able to “commence production at Ponderosa.”

 
 
The drilling results so far indicate that Ponderosa “will provide the feed necessary to sustain a production rate of over 360,000 tonnes of iron ore per annum for at least 5 years.”That comes to at last one million, eight hundred thousand tonnes of iron ore at just two of the anomalies located at the mine site.At an iron ore price of $80 a tone, these anomalies are capable of providing a projected estimate of forty four million, five hundred sixty eight thousand dollars in profits to Tonogold, over five years.And these numbers do not include the remaining approximately 135 square miles of the mine or the other mining projects that Tonogold is looking at acquiring.
 
 

4. We are about to learn that we are either already or very soon will be at Full Reporting Status with the SEC.  This will help to move TNGL off the pink sheets and onto a higher exchange.

 
 

5. We are about to learn that TNGL will have a real promotion budget for an awareness and promotion campaign.  Tonogold will be promoting its awesome fundamentals.

 
 

6. Tonogold will continue to add additional high quality mining assets to its portfolio.  Adding to its market cap and putting upward pressure on its stock price.

 
 

7. The geological survey (43-101) from the extensive drilling program will come in showing millions more tones of iron ore at the Mil-ler mine capable of turning this project into a World Class Producer.

 
 

8. TNGL will further develop its Tonopah Divide gold project in Nevada, USA.

 
 
 

9. Tonogold is moving forward on “building Tonogold into a significant resource group in the medium term.”

 
 

10. Don’t forget that Tonogold CEO Mark Ashley took LionOre from a 20 million dollar market cap to over 6 billion.  The stock price went from 40 cents to $27.50.  One thousand dollars invested at 40 cents turned into $68,750 when the company was sold, a 6,875 ROI.  Ashley also has other very stellar achievements on his record.

 
 

11. Note that after the purchase of the iron ore mine and the recent capital raising about 80% of the issued Tonogold stock is RESTRICTED.  Only about 20% of the float is available for trading.  I believe that once the news on Tonogold gets out, the supply and demand matrix will put extreme and sudden upward pressure on the TNGL stock price.

 
 

12. The universe of investors, both large and small will start to see TNGL as a tremendously undervalued asset with huge exponential growth potential.  Within a few months the stock will be at five dollars.  Within six months we will be at ten dollars.  That momentum will build and some of the biggest mining companies in the world will come calling, looking at an outright buy out of Tonogold at a stock price between five and ten dollars a share and a bidding war for TNGL will ensue!

 
 
This is my humble opinion and speculation.  This is not a recommendation to buy or sell.  Please do your own Due Diligence.  But for me, I own Tonogold (TNGL) and have put my friends and family into this stock.