Tonogold Resources Inc (TNGL)

[joeblow110percent]

TNGL Filings – 8K

Here are the links to the latest TNGL filings.

Quarter ending June 30 2014:
http://www.otcmarkets.com/financialReportViewer?symbol=TNGL&id=124998

For the six months ended June 30 2014 and 2013:
http://www.otcmarkets.com/financialReportViewer?symbol=TNGL&id=124997


TNGL is doing everything they have publically said that they intended to do. All of their goals are being accomplished in real time. As a matter of fact, things are working out much better than planned. Examples are plentiful with the iron ore deal going from 34% to 100% TNGL ownership; and the appointment of Jordan Moelis and Gustavo Mazon to the TNGL Board. We could also point to the involvement of Eddie Sugar in TNGL as another example of things going better than planned. These events are monumental for TNGL. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107360177
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106946490


Summary of the Filings:

Quarter ending June 30 2014:
http://www.otcmarkets.com/financialReportViewer?symbol=TNGL&id=124998

• Page 5, “…in June 2013 we hired a new CEO and shifted our business strategy to focus on acquiring and developing producing and near producing mining assets that we felt were undervalued or had growth potential.”

THIS IS THE PLAN!!! Just like what happened at LionOre (1994-2006) were they went 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 and attracting a lucrative buyout from Russian based Norilsk. The stock started at $0.40 cents and went to $27.50. When the company was sold it was valued at 6.26 billion. One thousand dollars invested would have turned into $68,750. That is a 6,875% ROI.
http://www.cnbc.com/id/18813361


• Page 6, “On May 8, 2014, Tonogold and Mil-Ler shareholders agreed to merge 100% of Mil-Ler into Tonogold in a non-cash transaction for the issue of 541 million RESTRICTED shares in Tonogold…..” The word “RESTRICTED” is emphasized here by me. Look at my post “Everything U Need to Know on TNGL-October 2014” were I talk about “Total Shares Available for Trading-The Float.” Quoting myself here: “….The total number of new restricted shares will be 82.1 million. That means that 79.8 percent of the total shares issued will not be available for trading. Only 20.7 million shares or 20.2 % of the total issued stock will be available for trading. The tradable float on TNGL is incredible small.” http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107284171

• Page 6, EAS Advisors and Eddie Sugar: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106691351
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103956570

• Page 6, “…The primary product of Mil-Ler’s Nevmex mine is iron ore having the capacity to produce approximately 30,000 metric tones (tones) per month….”

• Page 7, “…Exploration drilling over a small area of the total claims during 2011 confirmed the presence of economic iron ore mineralization.”

• Page 7, “…Mi-Ler acquired additional mining equipment, funded from cash generated from its operations, that will enable production to double to 360,000 tpa of final iron ore product in early 2014.”

• Page 7, “Equity 4.1 million.”

• Page 8, “Mil-Ler is debt free.”

• Page 8, “Having recently increased its mining fleet, mining activities will focus on advance pre-strip in preparation for mining sustain a production rate supporting the planned 360,000 tonnes per annum of final iron ore product.

• Page 8, Tonopah Divide. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105997719

For the six months ended June 30 2014 and 2013:
http://www.otcmarkets.com/financialReportViewer?symbol=TNGL&id=124997

• Page 4, “Weighted average number of Common shares outstanding, basic and fully diluted for the six months ending June 30, 1014, 190,148,612….”

• Page 9, “The Company had available approximately $10,578,000 at June 30, 2014 and $10,104,000 at December 31, 2013 of unused Federal and California net operating loss carry-forwards that may be applied against future taxable income….”

Let me point out that these filings are as of June 30, 2014. I am writing this on October 21, 2014 and nearly four months of ongoing and significant progress has taken place since the filings. As an example look at the 10/1/2014 TNGL news release regarding the appointment of Gustavo Mazon and Jordon Moelis to the Board of Directors. http://www.tonogold.com/s/NewsReleases.asp?ReportID=676932&_Type=News-Releases&_Title=Tonogold-Appoints-Mr.-Jordan-Moelis-and-Mr.-Gustavo-Mazon-to-Board-of-Direc...

More great news will be coming soon. Price is a lagging indicator because most people are a “Doubting Thomas”. They will not believe it until the news comes out and they see it in the stock price. At that point the major profits have already been made by those who understood the fundamentals, saw the vision, and purchased the stock. Those of us with positions in Tonogold will be in the money. For the doom & gloom haters who short the stock, or don’t buy a position, good luck, please study here: http://www.mademan.com/mm/how-field-dress-squirrel.html


My Tonogold Top Ten - October 2014 is being proven correct in real time. As a matter of fact we can now cross off numbers one and two on my Top Ten List. Tonogold is just moving down the list. See for yourself: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106675028


This is my humble opinion and speculation. Please look at my past posts to understand where I am coming from. This is not a recommendation to buy or sell. Do your own DD.

http://investorshub.advfn.com/Tonogold-Resources-Inc-TNGL-4288/