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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 carinthianon Jan 15, 2016 4:43pm
222 Views
Post# 24463610

RE:Valuations

RE:Valuations
moreorles wrote:
Thanks for that summary Carinthian.  So based on that evaluation, by the time Q2 results are in (for a stable view of opex) what do you think is a reasonable geusstimate for share price?  Do they normally trade in a range of of 50% of company value divided by outstanding shares?


I have not the slightest idea... First I want to see them get things going. Just because they said they "are mining" this does not mean they will pour gold in time in the desired amount with the planned recovery rates whatever...

I do not like that reverse engineering approach.

When they deliver with stable gold price sooner or later the share price should react but in a market like this nothing is granted...

Just my personal thoughts. DYODD
carinthian
Bullboard Posts