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Troilus Gold Corp T.TLG

Alternate Symbol(s):  CHXMF

Troilus Gold Corp. is a Canadian mining company focused on the systematic advancement and de-risking of the former gold and copper Troilus Mine towards production. The Company owns a 100% interest in the Troilus project. The Company holds a land position of approximately 435 square kilometers (km2) in the mining jurisdiction of Quebec, Canada, within the prospective Frotet-Evans Greenstone Belt. The Troilus Mine is located northeast of the Val-d'Or district of Quebec, produced 2 million ounces of gold and approximately 70,000 tons of copper. The seven kilometer main mineral corridor includes zones Z87, J Zone, X22 and Southwest, containing an estimated 11.21 Moz AuEq in the Indicated category and 1.80 Moz AuEq in the Inferred category. The Troilus property has an established infrastructure, including operating substation and power lines, an extensive network of well-maintained roads, operating water treatment facility, and a permitted tailing facility.


TSX:TLG - Post by User

Comment by VickRoxman2on May 08, 2023 5:27pm
116 Views
Post# 35437311

RE:RE:RE:H2

RE:RE:RE:H2Glad you got a response from Justin, I suppose he can't respond to everyone's?  As I'm still waiting.   When you don't hear back, there's less interviews, and you see that Justin is supposed to be presenting at the Vertual conference last Tuesday and he's a no show and Caroline doesn't even address that?   Seems wrong to not address it.... In general, for anything... Not just related to this. If you're sitting in for someone in anything... You address it.

Please know I'm no bashing this stock, there's no argument that this company checks a lot of boxes and has lots of potential.   Its just disappointing the way they have done things in my view.   Actually, its mostly the not being transparent that bothers me.  If you say something, than mean it, and if it changes, then say it. How do you do an interview and say the FS and updated resource is coming out in 2 weeks and then it changes to H2 of 2023?   And now its not really H2.  Its "end if the year".  I take that as 4th quarter with potential to be delayed until the following year. 

Its definitely great that the company is cashed up, unfortunately the lithium market is down at this time and the SA stock being down lower that was in the deal.    Of course that would happen exactly when they need to sell some for cash.   That  bank account was looking pretty low on that presentation last Tuesday.  $5 million dollars ( based on October 22).  I always wonder why companies do that?   If I had to inform anyone how much do I have in the bank..how can I say " well 6 months ago, I had this much"? Interesting in how this is accepted in general for all these companies?

Looks like the 25 million warrants won't be exercised this year so that helps bring down the outstanding shares at least.  

Pack our patience, hopefully gold can reach new highs and hopefully they deliver at the end of the year as they are saying, and this stock can finally trade higher!




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