Troilus Gold Corp T.TLG

Alternate Symbol(s): CHXMF

Metals & Mining 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.

TSX:TLG - Post by User

Troilus Gold Corp

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Post by templetooth2on Oct 30, 2023 11:44am

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Post# 35707321

Full Disclosure

Last week I added to my position, thinking that 37 cents was a good deal. So you can see that my crystal ball is capable of being cloudy!

Reduced my position by 40% on this financing news. I can understand the company needing to raise some funds, pronto, after disappointing reaction to the MRE.

But giving half a warrant exercisable at 50 cents? This action speaks louder than words, any words. Own goal?

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