Tonogold Resources Inc (TNGL)

[joeblow110percent]

Down 94%, But UP 50% from the Low

The Trend is now Bullish and clearly to the Upside! Let’s look at some fundamentals:

Price Up Today 16.67% on a 9,700 Share, One Day Volume Spike!

There was a volume spike today (3/11/15) with 9,700 TNGL shares being purchases at .105 cents. This investment of only $1,018.50 raised the stock price 16.67%. This exceeded the 22 day moving average on volume by over 100%.

There are very few trad-able shares available in the float. When you look at a level two screen you can see the available shares for sale at the Ask and all the shares available for sale at different prices above the Ask. On any given day there are only a few thousand shares available for sale. There might be ten thousand shares for sale at eleven cents, maybe five thousand at twenty five cents and maybe ten thousand shares at ninety cents or a dollar. Literally just a few thousand dollars in buying is separating Tonogold from becoming a dollar stock.

When the great news comes out, and when TNGL actually promotes its fundamentals; it will not take much to make the share price explode exponentially to the upside.

This is why many people say that investing in junior mining stocks is like watching glaciers form. It looks like nothing is happening for a long time. Actually pressure is building behind the scenes. Then all of a sudden, all hell breaks loose and the glaciers explode with activity.

Tonogold has been doing the team building, asset accumulation and is now in production. All of these things have been on-going for some time and are now increasing exponentially. This is about to show in the stock price. All hell is about to break lose at Tonogold.

Notice that the spread between the Bid and the Ask has gotten a lot smaller down to about one penny. When this spread gets tighter it is a sign that upward pressure has already come to play on the stock price.

The pro’s buy low and sell high. TNGL is down 94.47% from its 52 week high. But consider that Tonogold is up 50% from its 52 week low. The trend is now clearly Bullish to the upside from the low. I was lucky enough to pick up some more shares at this discounted sale price. Anyone who does a little due diligence and looks at the fundamentals can see that TNGL is an awesomely undervalued buying opportunity.

Consider that the 52 week high at $1.90 was reached before the fundamentals could support that price. At the time of the high the spread was very wide between the Bid and the Ask. Now the fundamentals at Tonogold have drastically changed. TNGL has accomplished some great Team Building, Asset Accumulation and now has now started Production. And these things are increasing exponentially. Tonogold is now in a much Stronger position (Fundamentally) to support higher stock prices.

These fundamentals at Tonogold are looking very Strong. All we need is some really good news and a little promotion of the fundamentals and Tonogold will explode to the upside.

I AM REPEATING MY PREDICTION THAT WITHIN THE NEXT 60-90 DAYS (June/July 2015) TONOGOLD IS GOING TO BE A DOLLAR, OR MULTIPLE DOLLAR STOCK.

Check out the information below which I copied and passed from Scottrade:

Bid | Size 0.09 | 10,000
Ask | Size 0.105 | 10,500
Price Open 0.09
Previous Close 0.09
Day High 0.105
Day Low 0.09
52 Week High 4/25/2014 | 1.90
52 Week Low 2/26/2015 | 0.07
% Off 52 Week High -94.47%
% Off 52 Week Low 50.00%
Beta (5 Yr) --
Volatility Avg 3/9/2015 | 490.71
10-Day Avg. Volume 3,520


The following Stock Alert has been triggered compliments of Scottrade.com.

TONOGOLD RESOURCES INC - Volume exceeded 22-day average by over 100.00%
Volume: 9700.00 at 14:08:24 EST
Price when alert was set: 0.06 on 04/11/14 12:26:57 EST
Current Quote for TNGL
Last: 0.105 DJI 17698.06 (+35.12)
Change: 0.015 (+16.67 %) NASDAQ: 4862.78 (+2.99)
High: 0.105 S&P500 2047.34 (+3.18)
Low: 0.09
Annual High: 1.90
Annual Low: 0.07
Previous Close: 0.09
Volume: 9700
100-Day Avg. Volume: 6577
200-Day Moving Avg: 0.41


TNGL the Next 6 Months
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110980454

Your Due Diligence starts here:
http://investorshub.advfn.com/Tonogold-Resources-Inc-TNGL-4288/

This is my humble opinion and speculation. This is not a recommendation to buy or sell. Please do your own Due Diligence.

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