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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 metalhead666on Dec 03, 2023 2:39pm
74 Views
Post# 35765986

RE:RE:RE:RE:RE:$10 per ounce in the ground vs. $100-$200 for peers...

RE:RE:RE:RE:RE:$10 per ounce in the ground vs. $100-$200 for peers...Are you sure we're not overlooking some risk factor?  Clearly the feasibility study is going to be a good one....much better than the preliminary economic study which was pretty robust in its own right. Financing could be a risk or expensive but given the de-risked nature of the project I can't see that being a factor. There will be some equity dilution which people always view as negative but even if the share count doubled the economics are still fantastic.  So how can this project remain this cheap?

Granted the whole group has been a disaster for the last year or more which explains some of it but now gold is in record high territory.  I've gone over the math a dozen times and it all adds up. So I'm puzzled as to why I can see it but no one else has...so far.  

I'm very tempted to lay on a big bet and look for the homerun but I want to exhaust all the possibilities as to why I might be wrong in my perceptions. 

Can you outline what you see as risks to my thesis?
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