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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.


TSX:TLG - Post by User

Troilus Gold Corp > Trading at 1/7th the value of in place infrastructure....
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Post by metalhead666on Nov 24, 2023 10:50am
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Post# 35751499

Trading at 1/7th the value of in place infrastructure....

Trading at 1/7th the value of in place infrastructure....1/7th the replacement cost of what's already been built.  11 million ounces in the ground are being valued at nothing.  Why would anyone sell these shares and not be backing up the truck?  Anyone give me some negatives that I'm overlooking?
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