Troilus Gold Corp T.TLG

New Press Release - Troilus Announces Strategic Shareholder Transition

MONTREAL, April 22, 2024 (GLOBE NEWSWIRE) -- Troilus Gold Corp. (TSX: TLG; OTCQX: CHXMF; FRA: CM5R) (“Troilus” or the “Company”), reports that Sayona Mining Ltd. (“Sayona”) has divested its entire equity position in Troilus. Last week, Sayona sold approximately 19.2 million Troilus shares at C$0...read article.

[tomgranite]

Jumping ship just weeks before FS is published. It doesn't instill confidence but we'll get the truth within a month or so.

[metalhead666]

If you actually believe the FS will be delivered.  Ever see the cartoon of Lucy and Charlie Brown with the football?

[VickRoxman2]

Sayona is desperate for money tomgranite.  It's not related to anything bad about TLG.

[crow27]

It's perfect, now these shares are in solid hands. Sayona was always an issue but now they are history.

[VickRoxman2]

I think it's perfect to, let's move on from that terrible reminder of losing money on those shares.   Can't believe Sayona is now trading at 2 cents!  Has over 10 Billion outstanding shares...yikes.  

[Whateverrr]

Ummmm, Sayona being the train wreck it is has absolutely nothing to do with TLG, the DFS or advocacy of TLG being a HUGE deposit, economic in a big way and take out material nearly for sure by major or 51% partner.  Sorry Sayona desperation on  margin call like scenario scares you.  No Clue why it would.  DFS will likely be fantastic follow up to the BIG MRE numbers.