Renegade Gold Ord Shs RVREF

Primary Symbol: V.RAGE

Metals & Mining Gold

Trillium Gold Mines Inc. is a Canada-based company. The Company's principal business activity is the exploration and evaluation of mineral assets. The Company is focused on the exploration and development of gold deposits in the Red Lake District. The Company's projects include Newman Todd, Gold Centre, Leo Property, Red Lake West, Shining tree, Moose Creek, Caribou Creek and Copperlode West, Confederation Belt Properties, and Panama Lake Property. The Company holds a 100% interest in the Newman Todd properties (the NT Project). The Company controls two contiguous properties located in the Red Mining Lake District of Ontario. It holds Eastern Vision property in the Confederation Lake assemblage, within the Birch-Uchi greenstone belt in the Red Lake Mining District of Ontario. Its land package covers approximately 13,958 hectares between the Fredart, Confederation North and Confederation South properties. Its Panama Lake Gold Project is located in Red Lake Mining district, Ontario.

TSXV:RAGE - Post by User

Renegade Gold Ord Shs

Bullboard Posts

Comment by golden_timeson Jun 11, 2014 2:41pm

398 Views

Post# 22650333

RE:RE:Update on drill

Not yet. Keep calm and let this stock fly under the radar. True will move forward and deliver in any gold price environment. This is a winner and with a EV of below $120 mn this pick is dirty cheap. So still great buying opps.

See almost a 50% chance of a coming take over in 2014-2015 and SP way above .60 CAD. In the long term this has real potential to be a multi $ stock if they successfully build up a highly profitable open pit + HL gold mine with 150-250k gold ounces per year and show district size potential (> 10 mn oz, imho they will prove this).

Just at the valuation at Alamos and Semafo, or also Argonaut, Papillon, Primero, Oceana - True Gold has a looooong way to go.

And never forget, it's not only about high grade and size, today it's all about quality, high margin, safe jurisdiction and growth potential. True Gold remains a margin leader.