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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

Post by metalhead666on Nov 21, 2023 3:24pm
153 Views
Post# 35747053

Started a position today....less than 10% of NPV

Started a position today....less than 10% of NPVAt $2000 gold this should have an NPV close to a Billion.  The bankable feasibility study out soon should confirm this or perhaps do it a little better. Once the "market" realizes that it's going to be a mine not just an idea it should get a significant re-rating.  After financing another re-rating.  It looks a lot like ARTG to me which trades now at .6 of NPV meaning a 5x bagger for Troilus in the near term should be doable.  If it all goes to plan by commercial production a 10x bagger at 1x NPV.  This mine to be is not on anyone's radar yet but upcoming events will change that.  Pretty good bet now IMHO
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