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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 metalhead666on Feb 08, 2024 4:23pm
82 Views
Post# 35870954

RE:RE:RE:RE:RE:Fasten Seatbelts

RE:RE:RE:RE:RE:Fasten SeatbeltsI'll give you another example...Skeena....it was a $12 stock US some time ago. Didn't have the updated feasibility, was still drilling etc etc....it had no business trading at that market cap. People have been whining about it ever since. It was mis priced...over priced.  Everything in this sector is a speculation which means that your entry price is critical. Price to NAV is critical as a measure of cheap or dear. Everything points to TLG having a NAV of at least $2 Billion. At a market cap of $150 million there is a margin of safety as wide as the pit they're going to dig. 8% of NAV for a huge mine and resource about to publish its definitive feasibility study?  That's CHEAP ...ARTG wasn't cheap in your time frame just as SKE wasn't cheap when it was at $12....all comes down to the price you pay.  At some point....after the FS or financing deal....TLG will trade in line with other mines on their prospects relative to where they are in development. TLG should trade at .25 of NAV which is a triple from here even before financing just like SKE currently does. ARTG is .5 or .6 of NAV now being further along...it's fairly valued. TLG is NOT fairly valued currently so it's therefore a screaming buy buy buy!  If it runs past .25 x NAV you take some off the table if you want to hold it....you won't get it cheaper in a year. You might have less risk but you will pay up for that security
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