Tonogold Resources Inc (TNGL)

[joeblow110percent]

The Daily Double!

If CEO Mark Ashley and Travis Miller are going to get paid they need to set Tonogold up for at least a Daily Double? I’m talking about a series of really good, projects that will very quickly drive the TNGL stock price significantly higher; into the $2.00 range.

I don’t see anywhere in the financials where TNGL has enough money or income to pay salaries. Look at the August 6, 2015 financials, the chart on page 13 of this link. http://www.otcmarkets.com/financialReportViewer?symbol=TNGL&id=141503 It looks to me like Ashley, Miller, Directors Janda and Zamudio are working for stock options. These options give them the right to buy TNGL shares at specific prices with specific expiration dates. Ashley’s option prices are at ten cents, fifty cents, eighty cents and one dollar and most of them expire on June 6, 2018, with the dollar options expiring on May 7, 2019. Miller’s option price is $1.50 with an expiration date of Sept 26, 2019. Directors Jeffrey Janda and Brian Zamudio have stock options at $1.00 that expire on May 7, 2019.

To succeed these guys have to get the TNGL price significantly higher than $1.50 and they have to do that well before the expiration dates. I would say the time to watch is between now and June 6, 2018. That is when CEO Mark Ashley and his wife Simona’s ten cent, fifty cent and eighty cent stock options expire worthless.

Think about it. How high would the stock price have to be to make it worth Millers time and money to exercise his options by paying $2.25 million to purchase his 1.5 million shares at $1.50? Ashley and his wife will have to pay a total of one million four hundred and sixty three thousand dollars for their shares. Jeff Janda and Brian Zamudio will each be paying $500,000 to buy their 500,000 shares at $1 each. In total we are talking about four million five hundred thousand shares and four million seven hundred thousand thirteen dollars. These guys will not be writing those checks unless they know that the stock price is going much higher.

Another thing to consider is CEO Mark Ashley’s contract. When does it expire? I don’t know the answer to that question but this could put additional pressure on Ashley to quickly drive the stock price higher.

Mark Ashley has to bring in some kind of new mining project or take Tonopah Divide into production. Hopefully Ashley understands that the new bull market in precious metals has started. Travis Miller has to get the NevMex mine and/or some other project in Mexico into significant and sustained profitable production. Ashley and Miller have to hit it out of the park to see the PPS go from its current 2.5 cents to well above $1.50. That goes for the Directors Janda and Zamudio as well. No one is getting paid unless this happens.

Remember, Ashely took LionOre Mining International (1994 – 2006) 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. Now it’s been pointed out that Ashley was at LionOre during that entire run but was the CEO only during the move from $0.40 cents to around ~$7.00. That is a great move. Ashley did it and he can do it again.

Let’s run some numbers:

Purchasing 50,000 TNGL shares at the current price of two and a half cents would cost $1,250. (Commissions not included).

• At ten cents those shares are worth $5,000. That is a 400% Return On Investment.
• At fifty cents those shares are worth $25,000. That is a 2,000% ROI.
• At eighty cents those shares are worth $40,000. That is a 3,200% ROI.
• At one dollar those shares are worth $50,000. That is a 4,000% ROI.
• At two dollars we are talking $100,000. That is an 8,000% ROI.

Basically we are talking about risking $1,250 to make between $5,000 and $100,000. A 400% to 8,000% Return On Investment.

How much are you willing to risk for these kind of Grand Slam Home Run Returns On Your Investments?

We are seeing the iron ore price stabilize. The gold and silver prices are building higher. The miners are also going higher. Everything goes in cycles and it is looking like the next boom cycle in precious metals has started. With all of the economic calamity in the world and the current currency wars, trade wars, oil/energy wars and shooting wars, we could see precious metal prices go parabolic at any time.

I am looking for some news; News that will very quickly drive the Tonogold stock price exponentially higher over the next few years to near $2.00 per share.

Mark Ashley Target PPS $1.00
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116725621

Bullion Billionaires Who Like GOLD
http://www.gold-eagle.com/article/bullion-billionaires-who-gold

Arrium says iron ore prices stabilizing
http://www.skynews.com.au/business/business/national/2015/10/19/arrium-says-iron-ore-prices-stabilising.html

Mining Tide Is Turning
http://www.mining.com/chart-mining-tide-is-turning/?utm_source=twitterfeed&utm_medium=twitter

Rally In Junior Gold Miners Just Beginning!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=117752139

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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