Tonogold Resources Inc (TNGL)

[joeblow110percent]

Joe Blow News Wire: BREAKING NEWS!!!!

Merry Christmas Tonogold Shareholders, things are about to get exciting!

I am getting closer to my “I Told You So” moment. Tonogold is doing everything they said they would do. Everything I said in my Top Ten List: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106675028 and everything I said in my “Everything You Need To Know” post are now happening in real time:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=107284171
The stock price and market cap are just trailing indicators.
........ …….. …….. …….. …….. …….. …….. ……..

Financial Statement released Nov 14, 2014 Summary:

1. A Closing Agreement between Miller and Tonogold was
executed on September 26, 2014.

2. Eddie Sugar at EAS is working on TNGL funding to:

A. Restart the Nevmex Mine. PRODUCTION!!! PRODUCTION!!!
PRODUCTION!!!

B. Acquire Nearby Properties and… UPWARD BOUND MARKET CAP &
STOCK PRICE!!!

C. Conduct an Exploratory Drill Program. PROVABLE ASSETS, NI
43-101!!!

3. New Equipment Will Enable Production at 360,000 tpa
(30,000 metric tons per month) by EARLY 2014.

I THINK THAT THE PRIVATE PLACEMENT MONEY IS IN AND PRODUCTION IS IMMENENT. IMHO TONOGOLD IS ABOUT TO BECOME A PRODUCTING AND PROFITABLE MINING COMPANY.

Here is a video showing the last known recording of the iron ore being processed.

In this video you can see tons of iron ore being processed and stock piled. This iron ore was not shipped. You can also see a lot of the new equipment. You can see Mark Ashley and Travis Miller, who along with Eddie Sugar at EAS just might be the Three Musketeers of Mining! I have a feeling that CEO Mark Ashley has pulled a rabbit out of his hat and things are about to get very exciting at Tonogold!

Remember that everything, the land, the tons of stock piled iron ore, all of the equipment, literally everything is owned outright by Tonogold. There is no debt on this mine asset! This is one reason why Tonogold will make money in spite of the iron ore price pullback. This is definitely how the pros do it. They own 100% of their projects and equipment with ZERO DEBT!

4. Consolidated Financial Statements (to include MIL-LER)
will be completed as at December 31st, 2014.

IMHO/Speculation: I THINK THAT THE CONSOLIDATED FINANCIAL STATEMENT COMING ON DECEMBER 31, 2014 WILL BE AN AUDITED, FULL REPORTING STATEMENT.


Details:
Financial Statements For the Nine months ended September 30, 2014 and 2013.
http://www.otcmarkets.com/financialReportViewer?symbol=TNGL&id=129252

Summary:

A Closing Agreement was executed by the parties on September 26th 2014. Consolidated Financial Statements (to include MIL-LER) will be completed as at December 31st, 2014.

…The Company is working with EAS Advisors, LLC and Merriman Capital, Inc. to fund the development of the Mil-ler mining properties.


Details:
Quarterly Disclosure Statement for Period Ending September 30, 2014.
http://www.otcmarkets.com/financialReportViewer?symbol=TNGL&id=129250

Summary:

A Closing Agreement was executed by the parties on September 26, 2014. Consolidated Financial Statements (to include MIL-LER) will be completed as at December 31, 2014.

Tonogold has retained EAS Advisors acting through Merriman Capital to raise capital through the sale of equity at $.50 per share to provide appropriate funding to restart the Nevmex mine, acquire nearby properties, and conduct an exploratory drill program.

Our integration of Mil-Ler will be the primary focus of the company in the coming quarters. The
primary product of Mil-Ler’s Nevmex mine is iron ore having the capacity to produce approximately 30,000 metric tons (tonnes) per month. Mil-Ler currently sells its entire output to Chinese buyers.

A Closing Agreement was executed by the parties on September 26th 2014.

Mil-Ler owns its own mining fleet and process facility, which was originally funded from shareholder equity. Toward the end of 2013, Mil-Ler acquired additional mining equipment, funded from cash generated from its operations, that will enable production to double to 360,000 tpa of final iron ore product in early 2014.

• Mil-Ler is debt free
• Having recently increased its mining fleet, mining
activities will focus on advanced pre-strip. In
preparation for mining sustain a production rate
supporting the planned 360,000 tonnes per annum of final
iron ore product.
• In-situ iron grade of ~45% is upgraded to ~57% in the
final product via a simple beneficiation process that
involves 2-stage crushing followed by dry magnetic
separation. Recovery of iron is estimated at 84% with
65% of tonnage recovered.
• Mil-Ler made three shipments to China during 2013,
totaling ~80,000 WMT of Iron Ore at an average grade of
57% Fe, and received approx. $100 per tonne (gross).
Costs of around $61/t include mining, processing, road
transport to the Port of Guaymas, port fees and cost of
shipping to China.

Tonopah Divide:

Our next most important property, the Tonopah Divide gold property, is located six miles south of the town of Tonopah in Esmeralda County, southwest Nevada. The property is accessible by a maintained dirt road directly off of Highway 95 and is close to the Hasbrouck gold/silver project previously owned by Allied Nevada for which West Kirkland recently acquired 75% for $20 million.

We will continue to assess various options for our Tonopah Divide and King Tonopah properties.
Both properties are advanced gold and silver exploration projects.



My Tonogold Top Ten - October 2014 is being proven correct in real time. As a matter of fact not only can we cross off numbers 1 and 2 but IMHO by December 31, 2014 numbers 3 and 4 will be accomplished. With no debt, everything papered up and production starting, I believe we will have a great asset that could quickly propel the market cap and stock price much higher. Check out my top ten list for yourself:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106675028



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/