Tonogold Resources Inc (TNGL)

[joeblow110percent]

Where is Tonogold Going?

If you want to know what the plan is at Tonogold just look at what happened at LionOre.

When Tonogold CEO Mark Ashley was at LionOre Mining International (1994 – 2006) he took the company from a 20 million market cap to 6.26 billion; transforming LionOre from a dormant company into the 8th largest nickel producer in the world. The stock started at $0.40 cents and went to $27.50. One thousand dollars invested would have turned into $68,750. That is a 6,875% ROI.

http://www.cnbc.com/id/18813361

http://www.24hgold.com/english/infocompany.aspx?id=4801014D5010&market=LIM.TO

On page 19 of the June 23, 2014, Tonogold Annual General Meeting PDF, CEO Mark Ashley has projected the long term TNGL stock price at $2.31. That is based on our goal to produce 15 million tons of iron ore a year. http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf

Ashley’s projected numbers from our current price of near .085 cents would be a 2,710% Return On Investment (ROI). That would make every $1,000 invested at $0.085 cents turn into $27,174.84.

The numbers from $0.009 cents; where TNGL was when Ashley came on board as CEO, and we are talking a 25,600% ROI. That would make every $1,000 invested at $0.009 turn into $256,664.10.

Ashley is a Fellow Chartered Management Accountant (FCMA). This is equivalent to having an MS degree in Finance from the Chartered Institute of Management Accountancy in London. I would bet that Ashley checked his math before he put those numbers on the PDF.

Consider that these numbers do not count the value that the iron ore drilling program will add to our market cap. They also do not count the value of our Tonopaha Divide property in Nevada. Tonopaha Divide sits next to and is more than twice the size of the Hasbrouck mine which West Kirkland Mining just acquired a 75% interest in for 20 million.

http://www.4-traders.com/WEST-KIRKLAND-MINING-INC-11538217/news/West-Kirkland-Mining--Commences-Exploration-and-Prefeasibility-Study-for-Hasbrouck-Project-Nevada-18537587/

Imagine what your broker account would look like if your TNGL shares were at $2.31 or even much higher? How would those numbers change your life?

IMHO the next 6 to 9 months are going to be very interesting for Tonogold shareholders.

Tonogold’s website: http://www.tonogold.com/s/Home.asp