Tonogold Resources Inc (TNGL)

[maverick one]

I knew that- and the process.

I can tell you this- I wouldn't give them the money.

Now if they start a legit drilling program and reveal the results in black and white from the entire acreage that's one thing.

But like you after reading about the alleged FE I was very skeptical of the information.

As a shareholder- there is nothing worse than being naked as a jaybird investing into a company that doesn't file audited financials.

When you step back here and read these postings it's obvious that someone is a little over the top emotional about this company.

Bottom line I was here like everyone to make a profit- when PR after PR gets shot out of the box and nothing ever transpires it raises red flags. Add that to a very nasty 1-40 with no funding attached to it- anyone can fill in the blanks you'd have to a blind man to not see what's going on.

Hey what the hell right if they scrape some crap off the top and can actually start mining-milling and shipping making a buck. Congrats I'll be the first one to say hey good job! But from what I know of mining and metals IMO I don't think this alleged iron ore project is going to actually happen. I think it's going to be impossible with the market being what it is and with the high content of sulphur.

To be honest I'd rather see them actually buy into another project that actually produces some thing for a change earning some revs and filing their audited financials- instead of just issuing PR after PR. It's gotten old some time ago. But even then I would be skeptical without a doubt until I see a track record.

To me all this is a large pile of dirt with some very high levels of sulphur- they'll be darn lucky to even be able to break even at best. The process and expense of extraction along with depressed prices of global iron ore prices let alone the transportation costs from beginning to end is IMO wishful thinking.

But hey what I do know- thank god it's not me that owns that trying to peddle that around looking for funding.