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Mexico Mining News:
Read the link for yourself. Things are going very well in the Mexican mining sector. Tonogold is well positioned to make substantial profits. Things could not be better.
http://resourceworld.com/?s=Mexico+mining&x=0&y=0
I stand by my Latest Greatest Top 10 for Sept 2014:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=105569379
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/
15 Countries Sitting on a Fortune of Minerals and Minerals:
http://www.businessinsider.com/15-resource-rich-countries-2010-4?op=1
Resource World Spotlight on Mexico: A Historical Treasure Trove:
http://blog.newstrikecapital.com/resource-world-spotlight-on-mexico-a-historical-treasure-trove/
List of Countries by Iron Ore Production:
http://en.wikipedia.org/wiki/List_of_countries_by_iron_ore_production
The World’s Largest Diggers:
http://www.mining.com/infographic-the-worlds-largest-diggers-79393/
My Latest Greatest Top 10 for Sept 2014.
If Mark Ashley is the Messiah of mining then I am the TNGLD Astrologer here with the Tonogold Horoscope!!!
FACTS:
* The last company Mark Ashley was CEO at went from 8 cents to
$5 doing about a 50 cent rise in one day. (Sirius) About a
10,000% ROI.
* The Company prior to that Ashley held several positions in,
including CEO. This company went from 40 cents to $27.50.
(LionOre) About a 6,675% ROI.
* TNGL is now a producing iron ore company, owning one of the
largest iron ore projects in the world, with real world class
production potential.
* The new shares for the purchase of the iron ore mine and the
shares for the 14 million private placement have to be issued
before the reverse split could have taken place. IMHO the
reverse split is a signal that the purchase of the iron ore
mine and the private placement is completed.
* I am speculating that significant news will be coming soon. I
think the longer this takes the further down my top ten list
we will find ourselves when the news finally does come out. I
believe that we will find out that things behind the scenes
are going better than planned. I think CEO Mark Ashley is
going to hit a bases loaded, out of the park home run on this
one!!!
My Top Ten:
1. Start the drilling program to ID the assets in the ground; three drills working 24/7, 375 holes, over 56,000 meters of drilling on just the largest anomaly, at a cost of 4.5 million with a 9 month completion target date. This is what the majors will want to see if they want to buy us out and it’s what serious institutional investors will also want to look at. See page 17 of the PDF: http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf This is a huge drilling program, especially considering all of those holes are going into just the one large anomaly circled in yellow. See page 17 on the PDF.” Look at my past post for details of the drilling program: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104368665
2. Finish the full reporting status process with a 3 month completion target. This is what the serious and institutional investors will need to be able to buy are stock. I am betting that this will happen sooner than everyone thinks.
3. TNGL will continue to ADD HIGH QUALITY MINING ASSETS, adding to our iron ore assets in the ground, which will add to our market cap and put upward pressure on our stock price. The majors are going to see us as a huge potential resource that is tremendously undervalued.
4. We will soon find out that we are regularly shipping thousands of tons or iron ore. We will see seven figures in incoming profits from those shipments on a regular basis.
5. I think we are about to learn that we will have a real awareness and promotion budget. Once we are full reporting, the investment world is going to know about are awesome fundamentals and our exponential growth potential. Ashley will also tell the world as our drilling results come in over the next 9 months.
6. As the iron ore geological survey (43-101) comes in from the drilling program, we will see hundreds of millions if not BILLIONS of tons of iron ore capable of turning this project into a World Class Producer; the majors will take notice!
7. The universe of investors, both large and small will see TNGL as a tremendously undervalued asset with huge exponential growth potential.
8. Within 6 months the stock will be at five dollars. Within a year we will be at ten dollars. That momentum will build and….
9. Some of the biggest mining companies in the world will come calling, looking at an outright buy out of Tonogold at a stock price of between five and ten dollars a share and a bidding war for TNGLD will ensue! I would not be surprised if there is a line of people walking both the Tonopah divide and iron ore mine in Mexico as we speak.
10. I think that all of this is already happening, it’s already in play. I think everything CEO Mark Ashley put in the power point is now happening in real time. http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf
For me Tonogold is a huge buy! I have been taking advantage of the recent pull back in price to add to my position at .29 and .35 cents. I think the next 9 months are going to be historic for Tonogold and its shareholders.
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/
Ebola hits West African Iron Ore Miners:
Even the Ebola story is indirectly good news for TNGLD’s iron ore production.
http://m.theglobeandmail.com/report-on-business/industry-news/energy-and-resources/miners-battle-to-keep-ebola-at-bay-in-west-africa/article19975322/?service=mobile&cmpid=rss1&click=sf_rob
http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=249649&sn=Detail
http://www.mineweb.com/mineweb/content/en/mineweb-political-economy?oid=249721&sn=Detail
http://www.fin24.com/Companies/Mining/Ebola-ArcelorMittal-issues-force-majeure-20140808
Fortescue profits jump 57%, Running Full Speed.
http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=250637&sn=Detail
Doing Business in Mexico DD.
The Mexican government has already addressed the issues with the cartels involvement in mining. The cartels were never a threat to mining in Sonora, Mexico or the Mil-ler mine and have been totally removed from their illegal mining operations in Mexico. The comments regarding the cartels on this board are misleading and inaccurate.
It is interesting to note that the cartels where making $15 a ton profit and that was more money than what they made from all of their other criminal activities combined. Tonogold is set to make between $34.15 and $37.63 per ton, more than double of what the cartels where making and more profitable than what the cartels make selling illegal drugs. These facts are the opposite of what some of the skeptics repeatedly state on this board.
http://nypost.com/2014/03/17/mexican-drug-cartel-moves-from-meth-to-iron-ore-mining/
Read Eddie Sugar’s assessment of the business climate in Mexico and specifically the Tonogold iron ore mine; note that Sugar is an experienced mining and resource investor who has literally been involved in billions of dollars worth of deals. Sugars experience is legendary in these sectors and his conclusion is the opposite of the anonymous skeptics who keep repeating the same unsupported gibberish on this board. Sugar made this assessment after personally visiting the Tonogold iron ore mine. This is from the TNGLD 8 May 2014 press release:
Mr. Eddie Sugar (the principle of EAS) said, "Although we were initially skeptical about the investment given the recent publicity in Mexico regarding iron ore, we were very pleasantly surprised to subsequently find a situation almost completely opposite of what we expected. Not only are the Mil-ler and Tonogold teams extremely professional and experienced, our understanding of Mexican iron ore and our skepticism were completely unfounded. We found the state of Sonora to be an extremely friendly place for mining and the supporting infrastructure to be of great quality, which even producers and developers in Australia and America would envy. We are very excited to be part of Tonogold's future and believe they are well on their way to creating a considerable business with a combination of characteristics that are rare in iron ore; strong cash flow generation off of a very small capital expenditure base with the added benefit of very significant production growth potential."
http://www.tonogold.com/s/NewsReleases.asp?ReportID=652171&_Type=News-Releases&_Title=Tonogold-To-Acquire-100-Of-Iron-Ore-Project-Mexico
Other companies are also finding business conditions in Mexico better than ever:
Mexico’s and Brazils Auto Industries Couldn’t Be More Different Right Now: “Mexico a "stellar export platform,"
http://www.businessinsider.com/mexicos-and-brazils-auto-industries-couldnt-be-more-different-right-now-2014-8
According to page three of the Tonogold 2013 PDF that is on the front page of the TNGLD web site, http://www.tonogold.com/i/pdf/Presentation_Iron_Ore_2013_10.pdf, The Ford plant in Hermosillio, Mexico is employing 3,300 employees with plans to expand that to 4,300 people. Ford is building the Fusion at this plan. Hermosillio is near our iron ore mine and is the Capital of Sonora, Mexico.
Ford Investing 1.3B in Mexican Plant that Builds Fusion, FKZ:
http://www.autoblog.com/2012/04/02/ford-investing-1-3b-in-mexican-plant-that-builds-fusion-mkz/
Investing in Mexico, Profit From This New Manufacturing Superpower:
http://www.investmentu.com/article/detail/29706/investing-in-mexico#.U_PfrWPEfjI
Coca Cola to Maintain 1 billion a Year Investment in Mexico:
http://www.reuters.com/article/2014/07/17/us-mexico-coca-cola-idUSKBN0FM02720140717?feedType=RSS&feedName=businessNews
ExxonMobil, Chevron and Other US Companies Considering Investing in Mexico Oil:
http://www.latinpost.com/articles/19479/20140818/exxonmobil-chevron-companies-considering-investing-mexico-oil.htm
Investing in Mexico May Be 100 Year Opportunity:
http://moneymorning.com/2013/03/18/investing-in-mexico-may-be-a-100-year-opportunity/
Mexico Puts Out The Welcome Mat to Big Oil:
http://money.cnn.com/2014/08/14/investing/mexico-energy-reform/
Great Detail on Iron Ore Importance - DD.
http://www.visualcapitalist.com/iron-core-developing-world/
Doing Business in Mexico DD
http://www.businessinsider.com/mexico-oil-industry-reform-2014-8
Silver - Why Ashley is the Messiah of Mining?
Not only is it looking like iron ore price are due for a serious rebound http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104786573 but also the precious metal prices are shaping up for a big run higher. Mark Ashley’s previous experience on the World Gold Counsel may have given him some insight into seeing future trends with the metals. http://www.tonogold.com/s/NewsReleases.asp?ReportID=578820&_Type=News-Releases&_Title=Tonogold-Resources-Inc.-Announces-Agreement-With-Mining-Executive-Mark-Ashl...
http://www.silverseek.com/article/silver-prices-%E2%80%93-megaphone-patterns-13424
Tonogold has its flagship project of 6,700 Acre, Tonopah Divide in Tonopah Nevada. This is right next door to the Hasbrouck 3,000 Acre mine with the same type of geological terrain. The Hasbrouck mine was previously owned by Allied Nevada. Allied Nevada has reported that Hasbrouck has “Inferred mineral resources of 1.2 million ounces of contained gold and 29.3 million ounces of contained silver…”.
Based on the Tuesday 8/5/14 NY gold spot at $1,293 (bid) and the silver NY spot at $19.88, the numbers come out like this: Gold, 1,200,000 ounces X $1,293 = $1,551,600,000. Silver, 29,300,000 ounces X $19.88 = $582,484,000. $1,551,600,000 + $582,484,000 = $2,134,084,000. That’s putting the Inferred gold and silver mineral resource value at Hasbrouck at two billion one hundred thirty four million eighty four dollars.
Tonopah Divide has 223% more acres than Hasbrouck with the same geological terrain. Multiplying the Hasbrouck numbers by 223% would put Tonogold’s Resource value at $4,972,415,720. That’s almost five billion dollars. Tonogold currently has a market cap of 12.4 million (8/5/2014). We could potentially have near 5 billion in gold and silver assets, not counting our iron ore assets which could also be in the billions.
If you divide $4,972,415,720 by the number of Tonogold shares post split (102,800,000 shares total), you get a PPS of $48.36. As I write this the stock price has a last at .06498 cents. I am not using these numbers to predict the future Tonogold PPS but to emphasis the enormous undervalue of Tonogold.
In addition to that, West Kirkland Mining (http://wkmining.com/) announced that they have raised 31.1 million putting 20 million of that into acquiring a 75% interest in the Hasbrouck project. The remaining money will be used to immediately start exploration and initiate a prefeasibility study on the Hasbrouck project. It looks like they intend to produce on Hasbrouck. http://www.4-traders.com/WEST-KIRKLAND-MINING-INC-11538217/news/West-Kirkland-Mining--Commences-Exploration-and-Prefeasibility-Study-for-Hasbrouck-Project-Nevada-18537587/ I would say that anyway you look at it, Tonogold is tremendously undervalued.
IT GETS EVEN BETTER! Consider that Tonogold got control of 72% of the Tonopah Divide project along with all of its improvements for free. Look at the Tonogold press release on 19 October 2012. This announced that Tonogold’s Tonopah Divide 72% partner, Centerra Inc. withdrew from the project. Centerra withdrew from all of their U.S. projects. Centerra had invested about 4.6 million in improvements which also went to Tonogold for free. TNGLD now controls 100% of this project along with all the improvements. http://www.tonogold.com/s/NewsReleases.asp?ReportID=553146&_Type=News-Releases&_Title=Tonogold-Resources-Inc.-Regains-100-Control-of-Tonopah-Divide
There is a more detailed description of the Tonopah Divide project and its improvements on the home page of the Tonogold web site: http://www.tonogold.com/s/Home.asp
Here is a May 2007 update on the Tonopah Divide project: http://www.24hgold.com/english/news-company-gold-silver-announces-initial-work-program-at-tonopah-divide-gold-project.aspx?articleid=143943
Here is a 2 Sept 2010 TNGL PR on the Tonopah Divide drilling program: http://www.tonogold.com/s/NewsReleases.asp?ReportID=417242&_Type=News-Releases&_Title=TONOGOLD-RESOURCES-INC-DRILLING-AT-TONOPAH-DIVIDE-RETURNS-30-FEET-OF-0.118-...
Remember it was the Tonopah Divide project that enticed Mark Ashley to come on board as CEO. Maybe Mark Ashley is the Messiah of mining like some on this board have suggested?
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/
The Genius of Mark Ashley
http://www.resourceinvestor.com/2014/08/04/iron-surge-imminent?eNL=53dfcb90dd9aa4382a000127&utm_source=DailyENL&utm_medium=eNL&utm_campaign=RI_eNL&_LID=486471
For more of Ashley’s genius look here: http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf
Frequently Asked Questions.
These questions have already been answered multiple times. Please note the answers so we don’t spam the board with the same questions over and over again.
The new shares for the purchase of the iron ore mine and the 14 million private placement have to be issued before the split could have taken place. The reverse split is a signal that the shares for the iron ore mine and the private placement is completed. I am betting that news to this effect is most likely very imminent.
If this is true then we are about to:
Proceed as fast as possible on the full reporting process. We are also going to start the drilling program, three drills working 24/7, 375 holes, over 56,000 meters of drilling on just the largest anomaly and at a cost of 4.5 million. We will also immediately start the ramp up in production to 15 million tons a year.
Look at my past post for details of the drilling program: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104368665 Or see the quote from this past post below:
“Once our 14 million capital raising is in we will start an elecromagnetic assessment of the property by flying airplanes with magnetic reading instruments in them over the property. This will create a magnetic map. This process will take about three weeks. The geologist then put dots on the magnetic map. Those dots are areas where they will drill. At this point they will IMMEDIATELY start drilling, three drills running 24/7. The drills are already in place and waiting for instructions. The drill program will include 375 holes. See page 17 of the PDF: http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf That is a huge drilling program, especially considering all of those holes are going into just the one large anomaly circled in yellow. See page 17 on the PDF.”
This mine has been in production since January of 2013. Obviously they are permitted.
Page 4 of the Iron Ore Presentation link on the Tonogold web site:
“All necessary permits are in place”.
http://www.tonogold.com/i/pdf/Presentation_Iron_Ore_2013_10.pdf
$5 or Higher Is Not Unrealistic.
Considering that some estimates put the total amount of Tonogold iron ore assets at well over one billion tons, I do not think that five, ten or even Mark Ashley’s projection of $2.31 pre split / $23.10 post split are out of line.
Once we improve our production and are making $37.63 per ton. If we can prove up one billion tons of iron ore that’s thirty seven billion, six hundred and thirty thousand in profits. Any of the major mining companies who would be interested in buying us out would certainly be interested in these numbers. And that does not include the other projects that Tonogold is looking at acquiring or the assets at Tonopha Divide.
This is why I think the drilling program is the most important thing going on right now. Going to full reporting and ramping up production are also important. It’s the totality of these things that put us into the best of all worlds, because these things are now happening at the same time. This is the basis for my “perfect storm” of good things at Tonogold.
The major mining companies are all in a race to expand production by purchasing lower cost producing mines, exactly like our project in Mexico. We are in a sweet spot. We can improve and ramp up our production to make money, go to full reporting to attract serious investors; while doing our drilling program to prove up our assets and potentially attract a buy out from a major.
Promotion, investor relations, public relations, 43-101, resource documents, and reserves are all in play now. I think the combination of all of these things will bring us some really spectacular results. This is why I am saying that the next nine months are going to be historic at Tonogold.
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/
How Iron Ore Makes Steal.
The Bottom Line.
My sources who went to the shareholders meeting tell me that Ashley spoke about full reporting at the meeting. Ashley said that full reporting would cost another $50,000 to complete. They had delayed this process because they were conserving the TNGL cash until the private placement was completed. Ashley put a 3 to 6 month completion target on the full reporting process.
TNGL is about 9 months into the full reporting process. It is well known that this process takes about a year to get done. That puts Ashley’s 3 to 6 month completion target at about on time average for how long this typically takes to complete.
Why would TNGL be moving toward full reporting if they were losing money or had something to hide? They would not! Ashley spoke at the meeting about how much money per ton they were making and what the purity of the iron ore is. Those numbers are all in the PDF from the meeting. People are wining that Ashley is not communicating enough, well here is Ashley communicating, all you have to do is read it to find out what is going on. http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf
Even Better News from the Shareholders Meeting: Ashley indicated that the private placement process was nearly finished. OMG! No doom and gloom here, just everything going according to plan. As a matter of fact things are looking really promising here. Looks like there are going to be a lot of positive things putting upward pressure on the stock.
Ashley also said that once the private placement money is in, TNGL will immediately start on the drilling program, the ramp up of production toward the goal of 15 million tons a year and the completion of the full reporting process. This is basically how Ashley comes up with his projected $2.31 TNGL stock price. BTW post split that’s $23.10. I believe we are well on our way toward that stock price profit target.
Don’t worry about the very short term share price after the split. There is normally a pull back after these events. I see this as a buying opportunity. The reality is that short term, mid-term and long term things could not look any better. Read my past posts and you will find lots of reasons why this stock is going to go up. MY TOP TEN IS ALL IN PLAY!!!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104742665
All hands on deck, full steam ahead! The Tonogold train is leaving the station. Mark my words, the next 9 months at Tonogold is going to be Historic!!!
http://investorshub.advfn.com/Tonogold-Resources-Inc-TNGLD-4288/
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.
Analysts believe spot iron ore could average USD126 per ton this year.
http://www.etftrends.com/2013/07/ominous-iron-ore-forecast-for-australia-etfs/
Senior minor buying the mining juniors now.
http://www.mineweb.com/mineweb/content/en/mineweb-gold-news?oid=248729&sn=Detail
$200 Iron Ore Forecast!
This is a little dated but could still be in play.
http://www.cityindex.co.uk/market-analysis/market-news/4961312013/is-us200-per-tonne-iron-ore-price-possible/
Hasbrouck next door to Tonopah Divide had 29 million ounce of silver.
http://www.silverdoctors.com/three-signals-for-a-huge-silver-spike-in-2014-has-jpm-gone-massively-long-silver/
It looks like my prediction is correct; we hit .71 cents this week!
With the reverse split a go, Ashley is about to put his foot on the gas. Watch all of my other top ten predictions to start coming true. The Moses of mining speaks and is prophetic! All Hail the Moses of Mining!
Right after the split look for a pullback with the uninformed and fear mongers purposely selling to try and drive the stock price down. Then expect all hell to break lose. Ashley is taking Tonogold into History.
A wise sage once told me that Investing in mining stocks is like watching glaciers form. It looks like nothing is happening for a long time. But actually pressure is building up behind the scenes. Then, all of a sudden, the stuff hits the fan and all hell breaks loose. All hell is about to break lose at TNGL. The next 9 months are going to be HISTORIC!
Fasten your seatbelts my friends! The Tonogold train is about to leave the station!
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-TNGLD-4288/
More Iron Ore DD.
The top 4 major iron ore producers are in a race to expand their production numbers. With over 50% of global iron ore producers production costs higher than TNGL production costs, we are in a sweet spot here. The majors are going to come looking at our iron ore assets in the ground. This is why our drilling program is so important. This news is just getting better and better.
http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=248598&sn=Detail
.71 CENTS COMING BY 9/11/14!!!
If Mark Ashley is the Messiah then I am the Moses of mining, coming down from the Mountain with a Prophesy, “71 cents by 9/11/14!!!” Put this one in stone my friends!
The perfect storm of events is lining up at Tonogold. My updated prophetic top ten:
1. Thanks to Eddie Sugar and EAS, we are in the process of closing up our 14 million private placement capital raising. Very Soon this process will be completed, then we will start:
2. The drilling program to ID the assets in the ground. This is what the majors will want to see if they want to buy us out and it’s what serious institutional investors will also want to look at.
3. The full reporting status process will continue until completed in 3 – 6 months.
4. I think we are about to learn that we will have a real awareness and promotion budget. The investment world is going to know about are awesome fundamentals and our exponential growth potential. They will also find out about our drilling results as they come in over the next 9 months.
5. We will soon find out that we are regularly shipping thousands of tons or iron ore. We will see seven figures in incoming profits from those shipments on a regular basis.
6. TNGL will continue to add high quality mining assets, adding to our market cap and putting upward pressure on our stock price.
7. As the iron ore geological survey (43-101) comes in we will see hundreds of millions if not BILLIONS of tons of iron ore capable of turning this project into a World Class Producer.
8. The universe of investors, both large and small will see TNGL as a tremendously undervalued asset with huge exponential growth potential.
9. Some of the biggest mining companies in the world will come calling, looking at an outright buy out of Tonogold. I would not be surprised if there is a line of people walking both the Tonopah divide and Mil-ler mine in Mexico as we speak.
10. THE NEXT 9 MONTHS ARE GOING TO BE HISTORIC AT TONOGOLD!!!!! I am going to be here telling everyone “I Told You So”. I will be laughing all the way to the bank at anyone who did not buy TNGL at less than ten cents when they had the opportunity.
http://investorshub.advfn.com/Tonogold-Resources-Inc-TNGL-4288/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104556155
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104482677
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.
More Aussie Iron Ore News.
Waiting sucks. None of us like it. I am impatient and want everything now just as much as everyone else. I have been in been in for years with millions of shares and would like to see $2.31 today. We all just have to wait. The good thing is that the iron ore news is very good.
My sources tell me that patient is good. Unbelievable great news is imminent.
Iron Ore miners – A Huge Bargin!
http://www.fool.com.au/2014/07/03/4-reasons-why-these-iron-ore-miners-could-be-a-huge-bargain/
Expanding Iron Ore Production – A No Brainer!
http://www.forbes.com/sites/timtreadgold/2014/07/25/expanding-iron-ore-production-is-a-no-brainer-when-the-profit-margin-is-still-more-than-100/
Aussie Iron Ore men Rule the World!!!
The iron ore news just keeps getting better and better.
http://www.cnbc.com/id/101640914
Mark Ashley about to Hit another Home Run!
Mark Ashley is about to hit another HOME RUN! Making a 6,875% Return on Investment at LionOre was just the warm up. TONOGOLD IS GOING TO BE THE MAIN EVENT! I believe I am being prophetic on this one. Ashley is about to knock it out of the park with TNGL! You can watch from the stands or be a part of history, you decide my friends!
I stayed at a Holiday Inn Express last night and I tell you, genius is at play here. Time is going to prove me correct. Book Mark this and hold me to it, you will see. If you want to know the future, read my past posts and look below:
• Moving forward to Full Reporting Status with a 3 – 6
month completion target;
• Starting the drilling program with a 9 month completion
target - results coming in along the way;
• Starting the process of shipping ore to port by rail,
instead of truck, lowering production costs;
• Adding another process to make the ore a higher grade,
rising the amount of money we get for the ore;
• Continuing regularly producing and shipping iron ore to
China, with an immediate ramp up in production toward the
goal of 15 million tons a year, with a 2 year completion
target.
• As soon as possible move off the pink sheets and onto a
higher exchange.
• A real awareness & promotion budget will soon be
announced.
• The big mining guns are going to show up and throw
serious money at TNGL.
• .71 cents coming soon! And that is just the beginning.
LionOre .40 cents to $27.50 REPEAT only much, much,
better!!!
It is literally a perfect storm of good news and events lining up for Tonogold!
THE NEXT 3 TO 9 MONTHS ARE GOING TO BE HISTORIC AT TONOGOLD!!!!!
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/boards/Profile.aspx?user=478013
Just the FACTS!!!
Maverick one,
I appreciate your honest and constructive criticism of my posts. I too am long and deep in TNGL with multi-millions of shares. I am using speciation in combination with some fundamental analysis in my prediction of 71 cents by 9/11/14. Please let me explain.
FACTS:
1. Since March 2013 we are already up roughly 1,000%.
2. The last company Mark Ashley was CEO at went from 8 cents to $5 doing about a 50 cent rise in one day. (Sirius) About a 10,000% ROI.
3. The Company prior to that that Ashley was CEO at went from 40 cents to $27.50. (LionOre) About a 6,675% ROI.
4. TNGL is now a producing iron ore company, owning one of the largest iron ore projects in the world, with real world class potential.
I believe that thanks to Eddie Sugar, we are in the process of closing up our 14 million private placement capital raising. Once this process is completed we will continue in earnest with:
5. The drilling program to ID the assets in the ground. This is what the majors will want to see if they want to buy us out and it’s what serious institutional investors will also want to look at.
6. The full reporting status process will continue until completed in 3 – 6 months. As you have pointed out, this is what the serious and institutional investors will need.
7. I think we are about to learn that we will have a real awareness and promotion budget. Once we are full reporting, the investment world is going to know about are awesome fundamentals and our exponential growth potential. Ashley will also tell the world as our drilling results come in over the next 9 months.
8. We will soon find out that we are regularly shipping thousands of tons or iron ore. We will see seven figures in incoming profits from those shipments on a regular basis.
9. TNGL will continue to add high quality mining assets, adding to our market cap and putting upward pressure on our stock price.
10. As the iron ore geological survey (43-101) comes in we will see hundreds of millions if not BILLIONS of tons of iron ore capable of turning this project into a World Class Producer.
11. The universe of investors, both large and small will see TNGL as a tremendously undervalued asset with huge exponential growth potential.
12. Some of the biggest mining companies in the world will come calling, looking at an outright buy out of Tonogold. I would not be surprised if there is a line of people walking both the Tonopah divide and Mil-ler mine in Mexico as we speak.
When you look at the totality of this I do not find my prediction of .71 cents by 9/11/14 to be over the top. All of this stuff is happening in real time as I write this post.
Considering that volume is so low and there are not really that many shares available for sale, I think it is totally reasonable to see our stock price jumping significantly in one single day. I bet that really good news is imminent. I predict that over the next few months there is going to be a perfect storm of good news and events happening at TNGL. I think many of you are going to be very surprised at what is about to happen with TNGL.
For more DD here are some links to some of prior posts. This is all happening in real time right now:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=104368665
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103956069
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=102191699
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103445918
In One Day Sirius went from 5 cents to 51 cents.
When Mark Ashley was CEO at Sirius the stock price went from 5 cents to 54 cents in one day.
Someone once told me that mining is like watching glaciers form. It looks like nothing is happening for a long time. But in reality, pressure is building. Then all of a sudden all hell breaks loose. All hell is about to break loose at Tonogold.
I am totally speculating on this one but based on what I see happening we are about to get good news of historical significance and the stock is going to explode.
Also look at gold and silver. Gold and silver are about to go to the moon. The value of Tonapaha Divide is going to go to the moon.
I predict .71 cents by 9/11/14.
If everyone knew what is really going on the stock price would already be at seventy one cents to a dollar fifty.
The Most Important Thing – UPDATED!
TNGL IS ABOUT TO CLOSE OUT OUR 14 MILLION CAPITAL RAISING. WE ARE CURRENTLY IN THE PROCESS OF GOING TO FULL REPORTING STATUS WITH A 3 – 6 MONTH COMPLETION TARTET. THAT WILL ALLOW THE BIG FUNDS TO BUY OUR STOCK. WE ALSO ARE IN THE PROCESS OF INCREASING THE PURITY OF OUR ORE AND REDUCING THE PRODUCTIONS COSTS BY SHIPPING IT TO PORT VIA RAIL, INSTEAD OF BY TRUCKS.
THE MOST IMPORTANT THING GOING ON NOW IS THE DRILLING PROGRAM. THE PURPOSE OF THE DRILLING PROGRAM IS TO PROVE HOW MUCH IRON ORE IS IN THE GROUND BY IDENTIFYING THE “BLOCKING RESERVES.” ONCE BLOCKING RESERVES ARE IDENTIFIED IT IS A BANKABLE DOCUMENT. THIS IS WHAT THE BIG FUNDS AND ANY MAJOR MINING COMPANY WHO MIGHT BE INTERESTED IN BUYING US OUT WILL WANT TO SEE. THE DRILLING PROGRAM IS WHAT WILL PUT THE MOST UPWARD PRESSURE ON OUR STOCK PRICE.
Once our 14 million capital raising is in we will start an elecromagnetic assessment of the property by flying airplanes with magnetic reading instruments in them over the property. This will create a magnetic map. This process will take about three weeks. The geologist then put dots on the magnetic map. Those dots are areas where they will drill. At this point they will IMMEDIATELY start drilling, three drills running 24/7. The drills are already in place and waiting for instructions. The drill program will include 375 holes. See page 17 of the PDF: http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf That is a huge drilling program, especially considering all of those holes are going into just the one large anomaly circled in yellow. See page 17 on the PDF.
We could potentially be looking at between one and five billions of tones of iron ore on the property in total. Look at page 19 of the PDF, when you do the math on our production costs and profits we are seeing a profit at $37.63 per ton. Multiply that number by one billion tons of iron ore and you get $37,630,000,000 in profits. That would be net profits over the lifetime of the mine. If we have 5 billion tons of iron ore we could be looking at $188,150,000,000. Those are billions! These numbers are rough estimates. The price of iron ore changes every day but the numbers are so huge that there is a lot of room here for error. The results of the drilling program could make the value of the iron ore mine go up exponentially, maybe even a lot higher than CEO Mark Ashley’s $2.31 a share projection found on page 19 of the PDF.
Ashley’s projected numbers from our current price of near .085 cents would be a 2,710% Return On Investment (ROI). That would make every $1,000 invested at $0.085 cents turn into $27,174.84.
If those numbers seem unreal just think about Mark Ashley’s stats from when he was CEO at LionOre. Ashely took LiorOre Mining International (1994 – 2006) from $0.40 cents to $27.50. One thousand dollars invested would have turned into $68,750. That is a 6,875% ROI. LionOre was a dormant company and Ashley turned in into the 8th largest nickel mining company in the world. A 20 million market cap turned into 6.26 billion.
IMHO, I think TNGL is about to make some historic moves and we are about to make a boat load of money.
My top ten list is all in play and coming true. Watch what happens the next 6 months.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103412212
The Third Most Important Thing with TNGL
is the roll out of the increase in production. The increase in production follows in importance to the drilling program and going to full reporting status. But consider that all of these events are now happening at the same time and will be combined with some promotion of our fundamentals.
Our medium term goal is to produce 1 million tons per annum (mtpa), page 15 on the PDF. The longer term goal is going to get us to 15mtpa, page 19 on the PDF. http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf
On page 19 of the June 23, 2014, Tonogold Annual General Meeting PDF, CEO Mark Ashley has projected the long term TNGL stock price at $2.31. That is based on our goal to produce 15 million tons of iron ore a year.
Ashley’s projected numbers from our current price of near .085 cents would be a 2,710% Return On Investment (ROI). That would make every $1,000 invested at $0.085 cents turn into $27,174.84.
The numbers from $0.009 cents; where TNGL was when Ashley came on board as CEO, and we are talking a 25,600% ROI. That would make every $1,000 invested at $0.009 turn into $256,664.10.
Ashley is a Fellow Chartered Management Accountant (FCMA). This is equivalent to having an MS degree in Finance from the Chartered Institute of Management Accountancy in London. I would bet that Ashley checked his math before he put those numbers on the PDF.
If those numbers seem unreal just think about Mark Ashley’s stats from when he was CEO at LionOre. Ashely took LiorOre 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. The stock started at $0.40 cents and went to $27.50. One thousand dollars invested would have turned into $68,750. That is a 6,875% ROI. http://www.cnbc.com/id/18813361
http://www.24hgold.com/english/infocompany.aspx?id=4801014D5010&market=LIM.TO
Look at your broker account and imagine what your balance will look like when your Tonogold shares hit $2.31 per share!
IMHO, I think TNGL is about to make some historic moves and we are about to make a boat load of money.
More iron ore mines to shut in China
HTTP://WWW.MINEWEB.COM/MINEWEB/CONTENT/EN/MINEWEB-IRON-AND-STEEL?OID=244518&SN=DETAIL
SYDNEY (REUTERS) -
This year's sharp drop in iron ore prices could force China to close up to 80 million tonnes of domestic mine production, more than a fifth of its total annual output, consultancy Wood Mackenzie said on Monday.
China's domestic industry is highly fragmented, with producers in coastal areas believed to be facing some of the highest costs in the country -- well above the price of imported ore.
Wood Mackenzie analyst Andrew Hodge said that further mine closures would likely benefit Rio Tinto , BHP Billiton and Fortescue Metals Group, which mine the Australian Pilbara iron ore belt on much higher profit margins.
Brazil's Vale would also gain, he said.
Hodge estimated at least 40-50 million tonnes of higher cost Chinese mine production, mostly in coastal areas where iron ore is typically of lower quality, was already earmarked for closure.
When iron ore prices plummeted as low as $60 a tonne in 2009, China saw "huge closures" in the domestic sector as local miners were unable to operate at a profit, he said.
Can mining companies survive US$90 IO prices?
“In particular, miners with large iron ore exposure, but are unable to cut costs and are saddled with debt, will face a severe deterioration in earnings and credit metrics,” warned S&P Credit Analysts May Zhong, Diego H. Ocampo, Andrey Nikolaev, Amanda Buckland, Elad Jelasko, and Xavier Jean.”
“…downward rating pressures could arise for Australia’s Atlas Iron Ltd., U.S.-based Cliffs Natural Resources Inc., and South America’s CAP S.A.,” the analysts cautioned.”
“In our view, producers with a break-even cost of higher than US$80 per ton are vulnerable to iron price volatility.”…
http://www.mineweb.com/mineweb/content/en/mineweb-iron-and-steel?oid=246436&sn=Detail
TNGL HAS NO DEBT AND IS INITIATING PLANS TO REDUCE COSTS.
Falling IO prices hurting Chinese companies (BLOOMBERG)
“Rio Tinto Group and BHP Billiton Ltd., two of the world’s biggest iron ore producers, are benefiting as falling iron ore prices pressure smaller rivals in China to shut down.”
“The closures are helping Rio Tinto and BHP which, along with Vale SA, already control about two thirds of global seaborne supply from their low-cost mines.”
“It’s the right time for BHP and Rio to seize the opportunity to boost their market share.”
“Almost 70 percent of the ore processing companies have also closed.”
Prices Retreating
“Rio Tinto Chief Executive Officer Sam Walsh said this month a drop in the price to about $80 would see a lot of his competitors “disappear.””
Still Superstars
About 80 percent of China’s mines have operating costs at around $80 to $90 a ton, according to the Shanghai-based consulting firm Mysteel.com. That compares with $44 for Rio Tinto, $53 for BHP, $68 for Vale and $77 for Fortescue, according to estimates from UBS AG.
He estimates China will produce 370 million tons of seaborne grade equivalent ore this year and that more than half of its $40 billion industry is under threat.
“We expect an extra 250 million tons to be displaced and for high cost Chinese domestic mines to permanently close,” Deutsche Bank’s Young said in the June 16 report.
Demand Growth
The displacement of marginal Chinese supply has begun as prices retreat, Goldman Sachs Group Inc. said June 3. Mines with as much as 100 million tons of output may close this year, according to Australia & New Zealand Banking Group Ltd.
“The majors are probably thinking they are well placed to take care of that market, they can increase production if other producers fall by the wayside,” James Wilson a Perth-based analyst at Morgans Financial Ltd., said by phone.
©2014 Bloomberg News
http://www.mineweb.com/mineweb/content/en/mineweb-iron-and-steel?oid=245107&sn=Detail
All of my Top 5 predictions for $5 a share are in play. The only lagging indicator is the stock price.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103996199
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103956069
Top 5 predictions for $5 a share, all in play.
Price will be the lagging indicator. By the time most people figure it out, it will be too late for them.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103412212
Top Ten Reasons For $5.00 a Share Within Six Months!
1. Since March 2013 we are already up 1,000%.
2. We are about to own 100% of the producing Mil-ler iron ore mine in Mexico. One of the largest iron ore projects in the world.
3. We are about to be at Full Reporting Status with the SEC allowing the big funds and serious investors to buy.
4. Thanks to Eddie Sugar, the big serious Wall Street money is in. Tonogold is about to step out on stage as a Fully Producing, World Class Mining Company.
5. We are about to learn that we will have a real promotion budget. The investment world is going to know about are awesome fundamentals and exponential growth potential.
6. We will soon find out that there are thousands of tons or iron ore ready for shipment to China; and we will see seven figures in incoming cash from those shipments on a regular basis.
7. TNGL will continue to earn revenue and to add high quality mining assets, adding to our market cap and putting upward pressure on our stock price.
8. The iron ore geological survey (43-101) will come in showing BILLIONS of tons of iron ore at the Mil-ler mine capable of turning that project into a World Class Producer.
9. The universe of investors, both large and small will see TNGL as a tremendously undervalued asset with huge exponential growth potential.
10. Within six months, some of the biggest mining companies in the world will come calling, looking at an outright buy out of Tonogold.
Where is Tonogold Going?
If you want to know what the plan is at Tonogold just look at what happened at LionOre.
When Tonogold CEO Mark Ashley was at LionOre Mining International (1994 – 2006) he took the company 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. The stock started at $0.40 cents and went to $27.50. One thousand dollars invested would have turned into $68,750. That is a 6,875% ROI.
http://www.cnbc.com/id/18813361
http://www.24hgold.com/english/infocompany.aspx?id=4801014D5010&market=LIM.TO
On page 19 of the June 23, 2014, Tonogold Annual General Meeting PDF, CEO Mark Ashley has projected the long term TNGL stock price at $2.31. That is based on our goal to produce 15 million tons of iron ore a year. http://www.tonogold.com/i/pdf/AGM-June-23-2014.pdf
Ashley’s projected numbers from our current price of near .085 cents would be a 2,710% Return On Investment (ROI). That would make every $1,000 invested at $0.085 cents turn into $27,174.84.
The numbers from $0.009 cents; where TNGL was when Ashley came on board as CEO, and we are talking a 25,600% ROI. That would make every $1,000 invested at $0.009 turn into $256,664.10.
Ashley is a Fellow Chartered Management Accountant (FCMA). This is equivalent to having an MS degree in Finance from the Chartered Institute of Management Accountancy in London. I would bet that Ashley checked his math before he put those numbers on the PDF.
Consider that these numbers do not count the value that the iron ore drilling program will add to our market cap. They also do not count the value of our Tonopaha Divide property in Nevada. Tonopaha Divide sits next to and is more than twice the size of the Hasbrouck mine which West Kirkland Mining just acquired a 75% interest in for 20 million.
http://www.4-traders.com/WEST-KIRKLAND-MINING-INC-11538217/news/West-Kirkland-Mining--Commences-Exploration-and-Prefeasibility-Study-for-Hasbrouck-Project-Nevada-18537587/
Imagine what your broker account would look like if your TNGL shares were at $2.31 or even much higher? How would those numbers change your life?
IMHO the next 6 to 9 months are going to be very interesting for Tonogold shareholders.
Tonogold’s website: http://www.tonogold.com/s/Home.asp
Drilling and Equipment.
CRWN was according to you, run by criminals who are now in prison. Tonogold is run by experienced mining professionals with stellar backgrounds and is endorsed by some of the biggest names in the mining sector like Eddie Sugar.
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TNGL equipment: Look at the video here and you can see and hear the equipment working on our producing iron ore mine: