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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 Potadvisor1on Dec 07, 2023 12:46pm
181 Views
Post# 35773309

Compare to ARTG

Compare to ARTGSince even Justin said we are very much similar to ARTG with about the same ounces with slightly better grade, and they are just now in the construction phase, having a market cap of around 1.3 billion, well with TLG having about 300 million shares FD, we could have a 4 dollar share price, but of course we don't know the future dilution (if any) which would change that matrix. My $2.50 to $ 3.00 dollars seems to me to be very reasonable and able to be achieved once we get tentative financing in place and at least the Quebec mining permit. The feasibility expected by end of Jan, or early Feb of 2024 could and should move us past a dollar. Any way you slice it, this will within a year be very very rewarding. And if gold does indeed go to the levels some like RR, Grandich and many many others are all talking about, well than depwendiong on how high it goes, 4, 5, or even a much higher share price would be achieved. Patience, while we wait and see how high this will go. 
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