Tonogold Resources Inc (TNGL)

[joeblow110percent]

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.