Tonogold Resources Inc (TNGL)

[Herscu1]

Joeblow, No 8 agree. But you fail to include the fact EAS was appointed 9 months ago and to date has been unable to raise any money. Or if they have the Co has failed to tell us that. All your other top 10 points can't occur until they raise capital.

I don't believe anything untoward has occurred here and Mark Ashley has done everything in his power to raise the $$$$. It is just a simple case of unfortunate timing. They didn't get the cap raising closed 1st half of 2014 and then iron ore price tanked making it impossible. Just rotten timing IMO. Only hope would be to find a buyer for Tonopath gold asset, most likely co next door and use those proceeds to fund Mexico asset. I'm sure I'm not saying anything they don't already know.