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Troilus Gold Corp T.TLG

Alternate Symbol(s):  CHXMF

Troilus Gold Corp. is a development-stage mining company advancing and de-risking the former gold-copper Troilus Mine towards production. The project is located in the top-rated mining jurisdiction of Quebec, Canada. A PEA completed in 2020 ranks Troilus among the top gold mines in Canada today. A PFS and updated Resource Estimate are expected in mid-2022. Led by a team with a track-record of successful mine development, Troilus is positioned to become a cornerstone project in North America.


TSX:TLG - Post by User

Comment by AlwaysLong683on Dec 29, 2023 6:42am
82 Views
Post# 35803644

RE:Crow, no point in trying to argue or convince

RE:Crow, no point in trying to argue or convince Potadvisor: ".....it is my take on TLG reaching at least 2 dollars in time once FS, some preliminary financing in place and the Quebec permit in hand, that by my count is around a 5 bagger...."

My Take:

TLG will get nowhere close to $2.00 a share until, at minimum, all financing, permitting (both Federal and Provincial), and other needed approvals are in hand and construction on the mine begins, which TLG estimates will be achieved at some point in 2025 (corporate presentation page 20).

Further:

1) What do you mean by "some preliminary financing"? 25% of the total estimated initial capex number presented in the upcoming FS? 50%? More? Less? 

2) "Preliminary"is just as vague a term as the word "tentative" you used in preivous posts. Either a debt / equity / stream financing component is agreed to or not. It's like a race - you either crossed the finish line or you haven't. There's not "preliminary" or 'tentative" crossing of the line.

In any case, we shall see who ends up being more accurate.


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