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

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Comment by HappyInvestingon Feb 10, 2016 12:08pm

162 Views

Post# 24543965

RE:RE:RE:RE:New Board Member - possibility of M&A?

I think the ounces being delivered to the streamers is 20,000 annually. However, there is also a 10% free carry to the Burkina Faso government. I don't know if these are factored into your calcs, but either way they wash. I calculate 10 cents/share - after taxes of 17%, based on a gold price of $1200 and AISC of $700 (or $500 profit/oz). Whether it's 10 or 14 cents per share, it's a huge number and you are correct, in that TGM will soon be trading much higher.

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