Tonogold Resources Inc (TNGL)

[joeblow110percent]

Is Mark Ashley a Choke Artist?

Mark Ashley took most of the capital that was raised and spent it on his own salary. That money should have been spent on acquiring new assets and moving Tonogold’s current assets into profitable production. Ashley turned a huge potential for success into a big disappointment. Then he took it a step further by becoming a liability for Tonogold and its shareholders. The shareholders have watched their Tonogold shares loose more than 90% of their value. No news, No production as promised. Nothing!!! Ashley took investor money, spent that money on himself, and his wife, and then vanished himself and the company off the planet. CEO Mark Ashley has been a huge disaster for TNGL and its shareholders.

“This guy is a choke artist and this guy is a liar”

Why Junior Minors Fail:

Spotlight on Boardroom Pay: the ASX — Global Mining Observer
http://www.globalminingobserver.com/boardroom-pay-spotlight-asx-112/

“A ranking of junior mining companies on the ASX by boardroom pay shows that salaries remain in rude health, even as investors suffer 4 years of consecutive losses.”

“Many juniors are “a bunch of liabilities”, investor Rick Rule has said. “Their assets are liabilities, their financials are liabilities, mostly their managements are liabilities.” Bathurst declined to comment.”

Warning: Buying these gold stocks almost guarantees you’ll lose money | The Crux
http://thecrux.com/buying-these-gold-miners-almost-guarantees-youll-lose-money/

“And just because these companies raise $1 million doesn’t mean they’ll survive. Many of these miners have plush offices in high-rise towers in Vancouver. That means they have expensive leases. They also have bloated staffs. In many cases, $1 million will only pay the bills for six months or so. Then they’ll have to raise money all over again.”

“Plus, when much of the cash in the bank is being used to pay salaries and office expenses, it’s unlikely many of these miners will fund successful exploration efforts.”

13 top executives who make a $1 salary or less http://www.businessinsider.com/ceos-who-take-1-dollar-salary-or-less-2015-8

25 CEOs Who Are Perfectly Happy Making a $1 Salary http://time.com/2979379/ceos-who-make-1/

Zuckerberg's One-Dollar Salary: Why Do CEOs Do That? http://www.webpronews.com/zuckerbergs-one-dollar-salary-2012-02/


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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