Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 tomgraniteon Mar 11, 2024 9:25am
59 Views
Post# 35926061

RE:RE:RE:RE:Financing deal

RE:RE:RE:RE:Financing deal
metalhead666 wrote: We 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. 


Artemis grade and size of deposit are both extremely similar to Troilus. That is what will affect the NPV in the FS.

Massive private investment and lower share count have NO influence on the FS. You are burying your head in the sand if those are the sort of arguments you are coming up with in order not to be invested at this stage. 
<< Previous
Bullboard Posts
Next >>