Tonogold Resources Inc (TNGL)

[joeblow110percent]

Iron ore soars past $92 a tonne, highest price in 2.5 years http://www.mining.com/iron-ore-soars-past-92-a-tonne-highest-price-in-2-5-years/

“The ongoing rally comes as China's economy remains strong and the top buyer continues to need higher-quality ore than the one produced locally to support Beijing’s "One Belt, One Road" initiative — promoting infrastructure projects along historical land and sea trade routes.”

January 08, 2015
Tonogold -- Strategy Update
http://www.tonogold.com/s/NewsReleases.asp?ReportID=690478&_Type=News-Releases&_Title=Tonogold-Strategy-Update

“Tonogold's strategy has been … decided that delaying re-commencement of production, until we see signs of a price correction and/or confirmation of our ability to produce a higher quality product with increased margins, …”

“We strongly believe … that at a long-term sustainable price the NevMex project would generate positive net margins of at least $10/t, which exclude the benefit of any project optimization initiatives that we believe, can be achieved.”


Iron Ore was the number one performing commodity in 2016. The Iron Ore price is now in an area that presents, as Tonogold CEO Mark Ashley put it in the above noted TNGL press release “positive net margins of at least $10t, …”

IT’S BEEN OVER TWO YEARS SINCE OUR LAST UPDATE!!!!!

TNGL CEO Mark Ashley, HOW ABOUT SOME NEWS ON IRON ORE PRODUCTION AT NevMex!!!???

Tonogold Resources, Inc. WARNING! This Company May Not Be Making Material Information Publically Available: http://www.otcmarkets.com/stock/TNGL/quote

Your Due Diligence starts here:
http://investorshub.advfn.com/Tonogold-Resources-Inc-TNGL-4288/

This is my humble opinion and speculation. This is not a recommendation to buy or sell. Please do your own Due Diligence.

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