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Renegade Gold Ord Shs RVREF


Primary Symbol: V.RAGE

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

Bullboard Posts
Comment by HappyInvestingon Aug 10, 2015 12:47pm
247 Views
Post# 24003569

RE:TGM

RE:TGMI disagree that this is as high risk as you make out - with regards to the October election.  Mining in Burkina Faso is huge and accounts for a substantial part of their total exports.  Gold is their largest export and the government stands to make substantial amounts of money from this one mine alone.  There are a lot of other companies in BF developing mines as we speak - all at different stages.  Does anyone really believe the government would do something to alter agreements in place with TGM, or change laws so that they wouldn't be able to complete their mine construction, etc?  That would be suicide for the country's economy, as all further foreign investment in the country would come to a halt.  That would make no sense.   Further, TGM management have good relations with all  the candidates and each supports the completion of this mine.  The October election is a bit of red herring if you ask me.  

Operationally, this is very low risk as it's very simple open-pit mining and heap leaching of high grade ore.  The only real risk is falling gold prices and we're at or near the bottom now. I won't even get into valuations.  From here on, it's little risk and high return!  
Bullboard Posts