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Bullboard - Stock Discussion Forum 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... see more

TSX:TLG - Post Discussion

Troilus Gold Corp > My concern is that open pit mining
View:
Post by goldstd69 on Feb 17, 2024 9:45pm

My concern is that open pit mining

bans will spread to other countries...Nevada?  Canada?....perhaps a ban on NEW projects and not on already approved or existing companies that open pit mine?
Comment by Hundo22 on Feb 18, 2024 1:59am
I had the same concern aswel. Not really a benefit to tlg. More like double edged blade.
Comment by metalhead666 on Feb 18, 2024 6:35am
There's growing pressure globally against mining and especially open pit mining.  Robert Freidland says that it will take $5 copper to get any meaningful new copper projects going.  Barring a global recession/depression (which is likely) projects underway (of which there are few) will command a premium and be highly desired.  Inflation clearly isn't dead which leaves ...more  
Comment by Gutinstincts55 on Feb 18, 2024 8:46am
What many are not understanding is there is a sweet spot of size and cost that Troilus has threaded the needle perfectly in.  The CAPEX on any new project will be more than years past.  Does that mean no new projects will get financed?  A 10M+ oz project with a 20% kicker in copper @ a $750ish or under CAPEX (a guess) is a steal in this new cost environment.  Having the ...more  
Comment by AlwaysLong683 on Feb 18, 2024 9:02am
Key Figure in upcoming FS: How much of the Indicated 9.32M Au listed in TLG's MRE (page 1-6) released in October 2023 will be established as P&P Reserves?
Comment by metalhead666 on Feb 18, 2024 10:09am
I asked that very question....didn't get a specific number but if they're going BIG then I would assume most if not all of it will be included in the mine plan / pit design.  Given that the deposit is very uniform aside from the high grade lenses it seems reasonable that most if not all will be miineable and therefore P &P
Comment by metalhead666 on Feb 18, 2024 10:15am
All that is exactly why I think we get bought out long before production.  Agnico would be a natural suitor and they just had a very good quarter. All the majors have to be looking over their shoulders at governements wanting them out or wanting to tax them into oblivion. Projects like ARTG and TLG are perfect fits for this big dogs looking for resources that won't get shut down, cave in ...more  
Comment by Zurigo on Feb 18, 2024 12:51pm
"find me the other..." got one down under, VGZ, 7MOz, fully permitted, Have fun, GLTA
Comment by metalhead666 on Feb 18, 2024 1:49pm
I've looked it over before.  Why aren't they advancing the project?  With $20 million from Wheaton, a full FS with robust economics....why are they bothering to do a little drilling this year to add more ounces instead of going ahead with a mine build?
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