Tonogold Resources Inc (TNGL)

[surebob]

I don't think so.

How is TNGL increasing value and content when they do not yet have the equipment?
Even TNGL says their prices vs world price is a wash at the moment...or even losing money which is what is happening now.
The mine is probably on care and maintenance now


What does walking the property have to do with anything? Are you saying your walking the property proves that it is a multi billion ton mine, one of the biggest in the world?

I've walked on the beach before. So what?

What is it in the powerpoint that you keep on refering to that makes this mine economic?

All you have is a flyby to show magnetic anomalies. Big deal.
Any drilling done yet? No, you are raising money to do that.
Is there a fesibility done? Nope. Mining plan? Nope

Any metallurgy to say that Fe can get to 62%
Any metallurgy to say what needs to be done to reduce sulphur, it can be done at all?

Any studies to say the port can handle 15 million tons a year? And the cost to upgrade the port?

Is that shipping price of 22 ton for a cape size ship? Can the port handle that size? They used a handymax in the previous shipments and that price to China is 35 to 40 per ton.

let me get this straight:

The plan is mining the ore, crush and upgrade, send it by truck 6 km, offload and then load to rail cars, offload at the port and then load to the ship for 55 dollars a ton to China? ya, right. Another Walter Mitty dream.


You might want to re-read and study the PP yourself instead of telling others to do it. And you were a consultant for this project? Ya, ok