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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 crow27on Feb 17, 2024 4:24pm
83 Views
Post# 35886119

RE:Mexican ban on open pits good news for TLG!

RE:Mexican ban on open pits good news for TLG! The more roadblocks that are put up the higher the price of gold has to be. Inflation alone is driving costs up for every miner. TLG is far enough along to see that a mine is built but many will not get off the ground. The permitting of a tailings pond alone is huge and the cost is very high. TLG does not have to jump that hoop as ours is already built and permitted.
These roadblocks are there for other mined metals also. The only cure for higher costs are higher prices and that is going to happen as that is just around the corner folks. 
You just can't have it both ways. No one will be building any new mines with low commodity prices when your building costs are going through the roof.
TLG has 500 million of existing infrastructure already in place with some existing permits. If this was not the case I would say this is not a great buy. 
The buyers will continue to drive this stock higher .................................... just wait for it.
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