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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 Mar 11, 2024 7:56am
56 Views
Post# 35925926

RE:RE:RE:Financing deal

RE:RE:RE:Financing dealWe don't know what the NAV is so we can't know what half of it is.  That's what the FS is all about. ARTG had massive private investment, lower share count on a similar mine footprint so it's not really an apples to apples comparison. At this point in development TLG should not trade at more than 20% of NAV. So it all comes down to variables we don't yet know. What if a JV is 40% 60% and TLG is the minority shareholder? Or it's 60% 40% and TLG has to come up with $600 million?  Too many unknowns and without that FS it's just guessing. 
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