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 HappyInvestingon Jan 26, 2016 2:38pm

312 Views

Post# 24495037

RE:RE:Sad story....

Agreed, and at any gold price BELOW $1200/oz the company is actually better off with this financing structure, than it would otherwise issuing shares or debt. Since no one really knows where the gold price will be during the deliveries of gold (20,000 oz/yr), then this is an excellent financing source and non-dilutive. Would you rather have had the company issue shares last year when it was trading at $0.14? I think not.

Bullboard Posts

Rig Count Soars as Utilization Surpasses Industry Averages