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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 Gutinstincts55on Sep 28, 2023 9:44pm
101 Views
Post# 35660778

RE:RE:RE:RE:Market Cap

RE:RE:RE:RE:Market Cap

I'll be hitting 60 in Dec., so retirement couldn't come soon enough!  

I think it fair for frustration here.  It's been a long 18 months.  It is also scary to be locked heavily into a stock that has no trading volume if you didn't have conviction in the final outcome.  

But I know a few things for fact.  This is a competent and well-connected team. I don't believe they have given too much thought to current stock price. I think they are focusing on the project and making the best decisions to move it forward. At times it feels like a snails pace. We do have to remember some things though. They drilled in a short amount of time 300,000 m of drilling. They are into the permitting stage and have a fully permitted tailings facility.  We are 3 to 4 months away from seeing the economics of this project.  We have a very acceptable share count @ around 250k shares outstanding.  

So I am willing to just sit back until about February and see where we are. If we're not light years ahead of where we are now, then yes I will be very concerned. I don't believe that will be the case. I'm willing to give them the benefit of the doubt on direction until that time. 


 

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