Troilus Gold Corp T.TLG

Alternate Symbol(s): CHXMF

Metals & Mining Gold Industrial Metals & Minerals

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.

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Troilus Gold Corp > Troilus v Wallbridge

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Post by templetooth2on Sep 27, 2023 8:44pm

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Post# 35658309

Troilus v Wallbridge

Slowly working through Beaver Creek/ Denver presentations.

Wallbridge has a market cap of about $140 million. Troilus about $85 million.

Wallbridge has two projects in relatively close proximity: Fenellon at 4.1 million ounces and Martiniere at 1.3 million. Capex for Fenellon would be about $645 million for 212,000 annual ounces.

So for an operation about 2/3 the size of Troilus, and an uncertain timeline, the market is saying this deal is worth about 70% more than Troilus.

I think the management of Troilus should ask themselves daily why it is the market holds their company in such low esteem.

To be continued.

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Two micro-cap stocks with strong fundamentals