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TGX Energy and Resources Inc

TGX Energy and Resources Inc (TGX)

0.05
0.00
(0.00%)
Closed December 02 3:00PM

Your Hub for Real-Time streaming quotes, Ideas and Live Discussions

Key stats and details

Current Price
0.05
Bid
0.085
Ask
0.085
Volume
-
0.00 Day's Range 0.00
0.025 52 Week Range 0.135
Market Cap
Previous Close
0.05
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
1,603
Shares Outstanding
31,577,000
Dividend Yield
-
PE Ratio
-5.75
Earnings Per Share (EPS)
-0.01
Revenue
25k
Net Profit
-276k

About TGX Energy and Resources Inc

Sector
Misc Nonmtl Minrls, Ex Fuels
Industry
Misc Nonmtl Minrls, Ex Fuels
Headquarters
Vancouver, British Columbia, Can
Founded
-
TGX Energy and Resources Inc is listed in the Misc Nonmtl Minrls, Ex Fuels sector of the TSX Venture Exchange with ticker TGX. The last closing price for TGX Energy and Resources was $0.05. Over the last year, TGX Energy and Resources shares have traded in a share price range of $ 0.025 to $ 0.135.

TGX Energy and Resources currently has 31,577,000 shares outstanding. The market capitalization of TGX Energy and Resources is $1.58 million. TGX Energy and Resources has a price to earnings ratio (PE ratio) of -5.75.

TGX Latest News

L'OCRCVM permet la reprise de la négociation - TGX

L'OCRCVM permet la reprise de la négociation - TGX Canada NewsWire VANCOUVER, le 7 sept. 2016 VANCOUVER, le 7 sept. 2016 /CNW/ - Reprise des négociations pour : Société : True North Gems...

IIROC Trading Resumption - TGX

IIROC Trading Resumption - TGX Canada NewsWire VANCOUVER, Sept. 7, 2016 VANCOUVER, Sept. 7, 2016 /CNW/ - Trading resumes in: Company: True North Gems Inc. TSX-Venture Symbol: TGX Resumption...

Suspension de la négociation par l'OCRCVM - TGX

Suspension de la négociation par l'OCRCVM - TGX Canada NewsWire VANCOUVER, le 2 sept. 2016 VANCOUVER, le 2 sept. 2016 /CNW/ - L'OCRCVM a suspendu la négociation des titres suivants :...

IIROC Trading Halt - TGX

IIROC Trading Halt - TGX Canada NewsWire VANCOUVER, Sept. 2, 2016 VANCOUVER, Sept. 2, 2016 /CNW/ - The following issues have been halted by IIROC: Company: True North Gems Inc. TSX-Venture...

True North Gems Announces AGM Results

True North Gems Announces AGM Results VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 27, 2014) - True North Gems Inc. (TSX-VENTURE:TGX) ("True North" or the "Company") is pleased to announce...

Municipality of Sermersooq Approves Impact Benefit Agreement for True North Gems' Ruby Mine

Municipality of Sermersooq Approves Impact Benefit Agreement for True North Gems' Ruby Mine VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 4, 2014) - True North Gems Inc. (TSX-VENTURE:TGX...

True North Gems Obtains Greenland Government Approval for Ruby Mine

True North Gems Obtains Greenland Government Approval for Ruby Mine VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 30, 2014) - True North Gems Inc. (TSX-VENTURE:TGX) ("True North" or the...

True North Gems Obtains Greenland Government Approval for Ruby Mine

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 30, 2014) - True North Gems Inc. (TSX VENTURE:TGX) ("True North" or the "Company") is very pleased to announce that the Government of Greenland has...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1000.050.050.0500CS
4-0.015-23.07692307690.0650.0650.057130.05105182CS
120.0266.66666666670.030.1350.0316030.07963321CS
260.00511.11111111110.0450.1350.02514070.06363476CS
520.01250.040.1350.02510910.0556678CS
156-0.035-41.17647058820.0850.1350.02513970.06616274CS
260-0.015-23.07692307690.0650.250.02520250.09304365CS

Movers

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SymbolPriceVol.
AAAAAuralite Investments Inc
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$ 0.035
(0.00%)
0
AAAlba Minerals Ltd
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0
A.HArmor Minerals Inc
$ 0.43
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AArmor Minerals Inc
$ 0.45
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AAAAAuralite Investments Inc
$ 0.265
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0
AAA.PFirst Tidal Acquisition Corp
$ 0.035
(0.00%)
0
AAAlba Minerals Ltd
$ 0.03
(0.00%)
0
A.HArmor Minerals Inc
$ 0.43
(0.00%)
0
AArmor Minerals Inc
$ 0.45
(0.00%)
0
AAAAAuralite Investments Inc
$ 0.265
(0.00%)
0
AAA.PFirst Tidal Acquisition Corp
$ 0.035
(0.00%)
0
AAAlba Minerals Ltd
$ 0.03
(0.00%)
0
A.HArmor Minerals Inc
$ 0.43
(0.00%)
0
AArmor Minerals Inc
$ 0.45
(0.00%)
0

TGX Discussion

View Posts
ernie44 ernie44 11 months ago
call the justice of peace, anywhere



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ernie44 ernie44 11 months ago
Trolls under the overpass---scared the big truck driver to crash



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ernie44 ernie44 11 months ago
Trolls under the overpass---scared the big truck driver to crash



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ernie44 ernie44 11 months ago
LQQK for action in the Yukon.......think rare earth metals and lithium

[/url][tag]insert-text-here[/tag]





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ernie44 ernie44 11 months ago
Greenland is no longer Trump's buy-in











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ernie44 ernie44 11 months ago
happy holy days


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ernie44 ernie44 1 year ago
the Bandito Project is just a waste of my time and money
👍️0
ernie44 ernie44 1 year ago
NEW DISCOVERYS by a new team of Greenland explorers




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ernie44 ernie44 1 year ago
showtime tonight 9 pm


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ernie44 ernie44 1 year ago
BOOOOOOOOOOOOOOOOORRRRRRRRRRRRRRRRRRRRRIIIIIINNNGGGGGGGGGGGGGGG........................................... ;
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ernie44 ernie44 1 year ago
anonymouse dumped 2000 ---to a cross co-dresser
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ernie44 ernie44 1 year ago
am bidding low to see who wants it---think LITHIUM

I would send it to Willie Wooden shoes...if I had his address or ohone

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ernie44 ernie44 1 year ago
upgraded-------------------------------------------------for more fun

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ernie44 ernie44 2 years ago
Vancouver – December 29, 2022 – True North Gems Inc. (TSXV: TGX, or the "Company") reports
that its wholly-owned subsidiary, Laval Critical Elements Inc.( "LCE"), has acquired two Lithium
prospects in the Decelles-Pontiac lithium play in the Abitibi region of northwestern Quebec.
The area of the Decelles Resevoir, southwest of Val d’Or, Quebec has long been know to be
prospecptive for Lithium bearing pegmatites, the first showimgs of Lithium mineralization having
been described from the region in 1955; the Wells-Lacouciere occurrence currently being explored
by Vision Lithium.
Over the past year Cadillac-Pontiac area has gained attention due to recent discoveries of several
high-grade spodumene prospects. The latest discovery of high-grade lithium prospects by Vision
Lithium Inc, spurred several other exploration and drill programs within the Cadillac area in 2022.
Since December 2021, approximately 4000 new claims have been registered in the greater Mazerac
area and the Pontiac Sub province region.
Regional Geology
The geology of the Pontiac Sub-province includes rocks of sedimentary origin and a few of volcanic
origin which are part of the Pontiac group. The majority of the bedrock in the region is composed of
granitic and syenitic rocks. Spodumene pegmatites and associated aplites are abundant locally
and large clusters of pegmatite are essentially homogeneous, however, some of the smaller dykes
and lenses are zoned. The general northeast orientation of the topographic features of the eastern
part of the region is controlled by the granite and pegmatite sills in the biotite schists. There are
many north, north-east and north-west trending joints in all the rocks of the region.
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ernie44 ernie44 2 years ago
True North acquires two separate properties in the Decelles - Pontiac lithium play
Vancouver – December 29, 2022 – True North Gems Inc. (TSXV: TGX, or the "Company") reports
that its wholly-owned subsidiary, Laval Critical Elements Inc.( "LCE"), has acquired two Lithium
prospects in the Decelles-Pontiac lithium play in the Abitibi region of northwestern Quebec.
The area of the Decelles Resevoir, southwest of Val d’Or, Quebec has long been know to be
prospecptive for Lithium bearing pegmatites, the first showimgs of Lithium mineralization having
been described from the region in 1955; the Wells-Lacouciere occurrence currently being explored
by Vision Lithium.
Over the past year Cadillac-Pontiac area has gained attention due to recent discoveries of several
high-grade spodumene prospects. The latest discovery of high-grade lithium prospects by Vision
Lithium Inc, spurred several other exploration and drill programs within the Cadillac area in 2022.
Since December 2021, approximately 4000 new claims have been registered in the greater Mazerac
area and the Pontiac Sub province region.
Regional Geology
The geology of the Pontiac Sub-province includes rocks of sedimentary origin and a few of volcanic
origin which are part of the Pontiac group. The majority of the bedrock in the region is composed of
granitic and syenitic rocks. Spodumene pegmatites and associated aplites are abundant locally
and large clusters of pegmatite are essentially homogeneous, however, some of the smaller dykes
and lenses are zoned. The general northeast orientation of the topographic features of the eastern
part of the region is controlled by the granite and pegmatite sills in the biotite schists. There are
many north, north-east and north-west trending joints in all the rocks of the region.
The Decelles property
The Decelles property is a grass roots prospect located 10 km south of the Trans-Canada highway
10 km and the historical mining town of Cadillac in the Abitibi region of northwestern Quebec. True
North Gems has contracted 4,270-line kilometer high-resolution Heli-borne magnetic survey of the
entire block of Decelles claims. The data from this survey will be used to identify potentially
prospective areas for follow-up during the summer field season.
Decelles Transaction details
True North has entered into an exclusive option agreement to acquire 215 claims from Glenn
Griesbach, an arms length property vendor, under the following broad terms:
? Payment of CA$50,000 within 14 days of regulatory approval;
? 2.0M LCE Units. Each LCE Unit is comprised of one common share of LCE and one warrant,
exercisable for 24 months from regulatory approval of the Agreement, to acquire one
Common share of LCE at an exercise price of $0.40.
? Granting the Vendor a 2% NSR, half of which can be acquired for $1M at any time.
The Nabikok property
The area is located approximately 50km southwest of Val-d’Or, a well-established mining town in
the Abitibi region.
True North Gems has contracted 2,400-line kilometer high-resolution Heli-borne magnetic survey
of the entire block of Decelles claims. The data from this survey will be used to identify potentially
prospective areas for follow-up during the summer field season.
Nabikok Transaction details
True North has entered into an exclusive option agreement to acquire 155 claims from Mr.
Griesbach under the following broad terms:
? Payment of CA$25,000 within 14 days of regulatory approval;
? 1.0M LCE Units Each LCE Unit is comprised of one common share of LCE and one warrant,
exercisable for 24 months from regulatory approval of the Agreement, to acquire one
Common share of LCE at an exercise price of $0.40.
? Granting the Vendor a 2% NSR, half of which can be acquired for $1M at any time.
On behalf of the Board of Directors of True North Gems Inc.
"Owen King" (signed)
Owen King
CEO & Director
604-618-1835
For further information, contact:

Email: info@truenorthgems.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
This document contains “forward-looking information” and “forward-looking statements”
(together, “forward-looking statements”) within the meaning of applicable securities legislation,
which are made as of the date of this document or the document(s) referred to herein. Statements
that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future
events or performance (often, but not always, using words or phrases such as “expects”,
“anticipates”, “plans”, “projects”, “estimates”, “intends”, “strategy”, “goals”, “objectives” or
variations thereof or stating that certain actions, events or results “may”, “could”, “would”, “might”
or “will” be taken, occur or be achieved, or the negative of any of these terms and similar
expressions) are not statements of historical fact and may be forward-looking statements. Forward-
looking statements include, without limitation, statements with respect to:. The forward-looking
statements are made based upon certain assumptions which, if untrue, could cause the actual
results, performances or achievements of the Company to be materially different from future
results, performances or achievements expressed or implied by the forward-looking statements. By
their very nature, forward-looking statements involve inherent risks and uncertainties that could
cause actual results, performances or achievements to differ materially from those in the forwardlooking statements. These include, without limitation: price volatility, discrepancies between actual
and estimated production, mineral reserves and resources and metallurgical recoveries, mining
operational and development risks, regulatory restrictions (including environmental regulatory
restrictions and liability), activities by governmental authorities, the speculative nature of mineral
exploration, the global economic climate, dilution, share price volatility, competition, loss of key
employees; additional funding requirements and defective title to mineral claims or property]. This
list is not exhaustive. See also, for example, the risks disclosed in the Company’s other disclosure
documents filed at www.sedar.com, including, without limitation, those disclosed in the Company’s
management’s discussion & analysis. The Company expressly disclaims any intention or obligation
to update or revise any forward-looking statements, except as otherwise required by applicable
securities legislation.
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ernie44 ernie44 2 years ago
Lithiun and RARE EARTHS have been found and assayed and the claims are kept in

FOREVER --GOOD STANDING
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ernie44 ernie44 2 years ago
Haywood took a small position in TGX

lol 7 cents is hardly a gamble....I got enough
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ernie44 ernie44 2 years ago
[2023-01-05 19:54]
True North Gems, still in intensive care over a Greenland ruby fiasco, is turning to lithium in Canada
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ernie44 ernie44 2 years ago
SO..........HOW MANY ARE LEFT---------still licking their wounds---rottten rat-baggers to the left and rat-baggers to the right


>>>
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ernie44 ernie44 3 years ago
open in AUGUST for a change

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ernie44 ernie44 3 years ago
THE TRAIN HAS REALLY LEFT THE STATION



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ernie44 ernie44 3 years ago
yup funny is as funny does--- no holds barred
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ernie44 ernie44 3 years ago
tgx traded in vancouver today
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ernie44 ernie44 3 years ago
a huge wall on the bid-----but no sellers
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ernie44 ernie44 3 years ago
boy oh boy!!!¬¬ did the danes ever take us for a ride----lost my crown jewels for bad
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ernie44 ernie44 3 years ago
You might not say it out loud, but you may privately wonder HOW
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ernie44 ernie44 3 years ago
ONE THING 4 SURE---Artificial RUBY'S ----Cannot be made-----Phony diamonds can be
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ernie44 ernie44 3 years ago
MR. TRUMP---WILL Sell True N. Gems for cheap dumping half in case its--- a SCAM

And buy Greenland--where the mine is....sue Denmark too
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ernie44 ernie44 3 years ago
moving a house to ICELAND

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ernie44 ernie44 4 years ago
still alive---the Yukon is heating up---TGX needs a Emerald find

https://twitter.com/i/status/740582944914432001
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ernie44 ernie44 4 years ago
YO-------Nice rally to .195
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ernie44 ernie44 4 years ago

Calandra reporter

At 7 cents Canadian, where the shares have declined oh so rapidly after an equally fine run-up earlier in March, True North is worth about $20 million Canadian all-in. I bought another 30,000 shares at about 7 cents today in the hope of one day seeing TGX (and TNGMX in USA) repeat the success of a real gem in the stock market: Australia's Kimberly Diamonds (KDL in Australia).
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ChrisTianSurfer ChrisTianSurfer 4 years ago
Nice
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ernie44 ernie44 4 years ago
REVIVAL------
2021-02-02 16:15 C:TGX 0.105 News Release True North Gems closes $150K final tranche of financing
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ernie44 ernie44 4 years ago
The Trustees fully documented all assets and invited bids from interested parties. The Company prepared and submitted a bid; however, LNS Greenland A/S was the highest bidder and was granted the Aappaluttoq Mine Licence by the Greenland government. In September 2018, the Trustee notified the Company that they were to receive a dividend distribution of DKK 3,158,108.20 (CAD $638,254) on the closure of the Estate. The redistribution of the remaining value was on a pro-rata basis determined by debt ownership at the time of the TNGG bankruptcy.


Danes got the mine and we got the shaft


Demand loans bear interest at the rate of 5% per annum. The loans are due to a former director for funds loaned to the Company during the year ended December 31, 2016 and an arm’s length third party for funds loaned to the Company during the year ended December 31, 2019. b) The Company had unconditionally and irrevocably guaranteed repayment to Greenland Ventures of the loan principal, accrued interest and any costs and expenses payable in connection with the term loan to TNGG. As a result of the voluntary bankruptcy and loss of control of TNGG, the term loan was deconsolidated from the Company’s financial statements. Two claims of DKK 361,461 and DKK 11,753,910 (as at June 30, 2020 approximately CAD $2,489,915) respectively had been filed against the Estate by Greenland Ventures relating to the loan guaranteed by True North. Greenland Ventures received dividend distributions of DKK 28,092.93 and DKK 885,425.12 respectively (approximately CAD $184,162) from the Estate in settlement of these claims. The guarantee provides that whenever TNGG does not pay any amount when due under the agreement, then True North shall immediately on demand pay the amount as if it was the principal obligor. In June 2017, Greenland Ventures issued a demand for repayment of principal and interest (DKK 12,165,675 (CAD $2,475,472) as at May 24, 2017) and a provision has been recorded for the amount demanded plus interest that has accrued on the outstanding balance at the rate of 2% per month from May 24, 2017 to June 30, 2020 (DKK 10,624,332 (CAD $2,183,481)). On February 7, 2019, the loan guarantee payable to Greenland Ventures was assigned Leucadia Finance Partners Inc. (“Leucadia”) for the aggregate purchase price of $350,000. Subsequent to the date of the assignment, the Company made loan payments in aggregate of $394,680.



The carrying value of the Company’s cash and cash equivalents, accounts receivable and deposits are representative of their respective fair value at June 30, 2020 and December 31, 2019 due to their short term nature. The fair value of accounts payable and loans payable may be less than the carrying value as a result of the Company’s credit and liquidity risk.
b) Management of financial risk
The Company’s financial instruments are exposed to certain financial risks, including currency risk, credit risk, liquidity risk and interest risk:

i) Currency risk The Company is exposed to the financial risk related to the fluctuation of foreign exchange rates. During 2017, the guarantee provided by the Company on the loan to TNGG from Greenland Ventures was demanded (note 7(b)) so the Company is exposed to risk due to change in currency exchange rates between Canada and Greenland and certain expenses that were incurred in US dollars.

At June 30, 2020, the Company is exposed to currency risk through the following assets and liabilities denominated in US dollars and Danish krone:
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ernie44 ernie44 4 years ago
from here at 9 to 15 an eternity...…

gapping is bad business---showing greed and contempt
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ernie44 ernie44 5 years ago
L'OCRCVM peut prendre la décision de suspendre (ou d'arrêter) temporairement les opérations à l'égard d'un titre d'une société cotée en bourse. Les arrêts des opérations sont mis en oeuvre afin d'assurer le bon fonctionnement d'un marché équitable.
L'OCRCVM est l'organisme d'autoréglementation national qui surveille l'ensemble des courtiers en placement et l'ensemble des opérations effectuées sur les marchés des titres de capitaux propres et les marchés des titres de créance au Canada.
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ernie44 ernie44 5 years ago
BAD NEWS BEAR----says the bid dropped to 4 cents, or half a shilling for u britts
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ernie44 ernie44 5 years ago
now the bailer turned stink bidder---not my game

tgx is my recreation stock--however this is not fun
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ernie44 ernie44 5 years ago
nobody thinks this piggy can fly----an occasional bailer might be right-lol
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ernie44 ernie44 5 years ago
NOW that is what I call 'abundant--fluff'

but both are in the sewer--MMEG, and TGX:CA
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ernie44 ernie44 7 years ago
this baby was trading at 1.00.. a dollar canadian.. in 2000-2001

dropped off to 50 cents in 2004

now --wow

Get a Quote:



True North Gems Inc. (TGX:CA)
$ 0.0050.00 | 0.00%
Ask: 0.005 x 2701000
October 13, 2017 1:53 PMEDT
CAD | TSX Venture Exchange | Delayed Price
Events
Price
Line

TGX:CA

1D5D1M3M1Y3Y5Y10Y20Y

Volume:
PriceVolumeFrequency: WEEKLY00.511.5060M2004200620082010201220142016
Saturday, Aug 11, 2012
Symbol Last Volume
TGX:CA 0.05 273.85k
Market Data copyright © 2017 QuoteMedia. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges). RT=Real-Time, RTB=Real-Time BATS BZX Price/Quote; not sourced from all markets, RTN=Real-Time NASDAQ Basic+ Price/Quote; not sourced from all markets, EOD=End of Day, PD=Previous Day. Market Data powered by QuoteMedia. Terms of Use.
Copyright © 2016 QuoteMedia, Inc. All Rights Reserved
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👍️0
ernie44 ernie44 7 years ago
they have a corporate address as well

3114 room #

Four Bentall Centre
1055 Dunsmuir Street
PO Box 49081
Vancouver BC V7X
1G4
Tel:
604.687.8055
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ernie44 ernie44 7 years ago
this is the TGX BORD...aka as TNG with exploration and discovery of rubys in Greenland
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Marxbys Marxbys 8 years ago
Let's Try That Again!... MMEG Link to Incubator Stock-Review:
http://www.momentousent.com/pdf/Report_MMEG_31517.pdf

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Marxbys Marxbys 8 years ago
MMEG: TRULY A RARE FIND IN THE OTC
MMEG-MOMENTOUS ENTERTAINMENT GROUP
Incubator-Stock Review by Institutional Analyst,Inc:
The link below will take you to the report on MMEG provided by Institutional Analyst Inc. The review provides an in depth overall summary of our company covering time periods since inception in 2004 as Financial Equity Partners Inc, the incorporation of Momentous Entertainment Group in 2013 to MMEG becoming publicly traded in September of 2014.
The report gives a brief summary of MMEG's 2017 GAME CHANGING ACQUISITIONS to date including one of Europe's Largest Social Media companies POOLWORKS Germany Ltd, also well established game platform CHIMERA GAMES and e-commerce retailer NEUROFUSE. Since the report was published MMEG also is now set to acquire BLACKFOX.IO Mobile Add Network, one of the best kept secrets in the digital ad marketing sector. This gives MMEG 4 acquisitions so far this year all with income streams that are to be reflected in the upcoming 2017 quarterly filings. (Neurofuse & Blackfox.io closings pending) Also included in the review is of course MMEG's highly anticipated planned REALITY TV SERIES featuring Bobby Dale Earnhardt, grandson of NASCAR legend Dale Earndhardt Sr. A second planned highly anticipated Reality TV Series mentioned in the report features NFL's Dennis Gile in Quarterback Academy.
The review goes on to include an in depth analysis on MMEG's impeccable management team of over 100 years combined experience including founder Kurt E Nuebauer, David Micek (former VP of Texas Instruments) John Pepe Jr, Tim Williams, Spencer Proffer and Laureen Falco. The report also lists MMEG's largest share holder, VERT CAPITAL detailing it's managing directors Adam Levin and Michael Pope.
Summing it all up, after reading the report you would have to agree that this is not your ordinary OTC company for a short term flip for profit but rather a GROUND FLOOR GAME CHANGING OPPORTUNITY with a LONG HOLD position worthy of its merits.

http//www.momentousent.com/pdf/Report_MMEG_31517.pdf

http://www.momentousent.com

http://www.blackfox.io
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