Tonogold Resources Inc (TNGL)

[joeblow110percent]

Phenomenally Important Fundamentals

My biggest concern is that CEO Mark Ashley has run the company like a covert operation. Hardly anyone knows that TNGL even exists. Our great press releases are falling on deaf ears. Almost no one understands or knows about our fundamentals. I believe that this is about to radically change and I want to help bring that change about by pointing out some of the phenomenally important fundamentals at Tonogold.

TNGL for the last ten years has not produced anything. (Please correct me if I am wrong?) A ten year chart of TNGL will show you a penny stock that has not produced anything. While it is very true that looking at charts is an excellent way to do technical analysis. It is also true that fundamental analysis is very important. And TNGL's has some serious fundamentals that add a lot more to the picture.

Let’s look at Tonogold CEO Mark Ashley's accomplishments at LionOre. Ashley took LionOre from a non producing dormant company and turned it into the 8th largest nickel producing company in the world. The stock started at 40 cents and ended at $27.50. That’s a 6,875% Return On Investment. $1,000 invested turned into $67,500. http://www.cnbc.com/id/18813361
http://www.24hgold.com/english/infocompany.aspx?id=4801014D5010&market=LIM.TO

This accomplishment made Ashley into a mining industry legend. Ashley, with his 30 years of mining experience was looking at buying numerous other mining assets for TNGL. When he saw the iron ore mine, he focused all of his attention on purchasing this mine for TNGL.

IMHO, TNGL is about to announce that they are going to own 100% of that PRODUCING iron ore mine; that could potentially contain between ONE AND FIVE BILLION TONS OF IRON ORE.

Right now TNGL has about a ten million dollar market cap. Once TNGL owns 100% of that iron ore mine and we come in with our updated geological numbers, I have done the math, I estimate that we are looking at a market cap in the hundreds of millions.

TNGL is about to announce that they are going to Full Reporting Status? Full Reporting status will allow the serious investors, the big hedge and pension funds to buy the stock. Full Reporting is what will distinguish TNGL from all the other junior mining stocks. I would bet body parts that we already have some serious Wall Street money in TNGL. The investing world and general public has not yet figured this out. When they do the stock price will reflect Tonogold’s new reality; and those of us who got in early will profit the most.

The iron ore mine is not the only valuable asset that is going to be in TNGL. Tonogold has stated in their previous public statements that they intend to purchase numerous other valuable assets as opportunities become available. Our goal is to become a major mining company.

Eddie Sugar and his company EAS are now endorsing TNGL and our purchase of the iron ore mine. EAS has been involved in over 2.5 billion worth of successful transactions since their inception in 2008. Sugar in his career has closed near 7 billion in deals. SUGAR IS FAMILIAR WITH IRON ORE DEALS, HAVING FUNDED ANDREW FORREST IN 2003 WHEN HE STARTED FORTESCUE METALS GROUP Ltd, ticker FSUGY, $9.85 on 4/1/2014.

Fortescue Metals Group is an Australian based company that came from nowhere in 2003 and is now ranked as the 4th largest iron ore producer in the world, with a market cap of 15.4 billion. Andrew Forrest is number 308 on the Forbes Billionaire list with an estimated worth of 5 billion. At one time Forrest was the wealthiest man in Australia. FORREST’S WEALTH WAS BUILT ON IRON ORE SALES TO CHINA.

LET ME REPEAT HERE THAT ANDREW FORREST STARTED FORTESCUE METALS GROUP IN 2003 FROM NOTHING. AND WITH EDDIE SUGARS HELP FORREST AND FORTESCUE ARE NOW WORTH NORTH OF 20 BILLION DOLLARS. Sugars endorsement of TNGL takes us into a much higher level that most of us cannot even imagine! This likely has already brought TNGL some serious Wall Street cash. IMHO our little penny stock is about to become a world class producing mining company.

Here is Eddie Sugars endorsement of TNGL from our 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."”

Eddie Sugar, EAS links:

http://www.easadvisors.com/

http://www.afr.com/p/business/companies/early_fortescue_backer_sets_sights_3bttqjyIyH4EOTGQI2ienN

http://m.theaustralian.com.au/business/mining-energy/twiggy-backer-pumps-funds-into-lng/story-e6frg9df-1226779250468#mm-premium

I suggested to a friend that he buy a small position in TNGL a month or so ago when he could have bought 10,000 shares for $649 at 6.5 cents. My friend could have already easily sold those shares for at least ten cents realizing a 55% ROI. Compare that to Gold or the S&P! The price of TNGL even spiked up to nineteen cents for one day. It was near fifteen cents for a few days. My friend might have been able to scale out of his position at even higher returns. For me I am in this for the bigger long term gains. I think TNGL is going to be a five or ten dollar stock. Those are my profit targets!