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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 Feb 08, 2024 2:54pm
76 Views
Post# 35870677

RE:RE:RE:Fasten Seatbelts

RE:RE:RE:Fasten Seatbelts
TLG is currently at the same stage in the life of its project as ARTG was in September 2021. Take a look at ARTG's share price action from Sept. 2021 onward using your favorite stock chart site. Of course, variables like the actual contents of the upcoming release of the Feasibility Study, the price of gold, the stock market in general going forward, etc. will also determine the near-term share prices of TLG, the ups and downs of which are now largely controlled by those buyers and sellers making up the roughly 20% of total shares outstanding held by retail investors. Regardless, TLG is currently targeting the start of construction at some point in H2 2025. As I mentioned in previous posts, I will consider a one-time, large purchase sometime in H1 2025 depending on the status of the project at the end of 2024 and the share price action in H1 2025. If the estimated start of construction timeframe is changed, I'll make adjustments to my strategy accordingly.
 
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