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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 24, 2023 11:22am
77 Views
Post# 35799703

RE:RE:RE:Strait of Gibraltar

RE:RE:RE:Strait of GibraltarNo idea re: spellcheck.  I agree with you about loss of faith in government, fiat currency, institutions etc but the risk is that the casino they call a market hits the mother of all air pockets. There's plenty of reasons for it to happen. In that case everything with a ticker symbol including paper gold is going to get dumped.  In 2008 and 2020 gold and miners got monkey hammered along with everything else. I think the risk of a repeat is extremely high.  The FED, which essentially is the market now, would of course print money but this time inflation would follow in a big way and currency and bond markets would go haywire.  ALL risk assets would plunge even if gold was the first and best to rebound. So I'm out of all stocks now including TLG  I banked my gains for the year and prefer to wait it out for a while on the sidelines.  The only bet I would take is on the TLG feasibility study and some kind of "January Effect" lifting miners next month but there's so many things that could go wrong it's not worth a large bet. I'm way too risk averse now. I might miss a big move but I day trade quite well so I'll get some wins and retreat to my corner at the end of each day.  Be careful.....your long term thesis is great but big drawdowns could happen at any moment.
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