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.

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Troilus Gold Corp > Capex

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Comment by metalhead666on Jan 31, 2024 4:14am

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Post# 35854228

RE:RE:RE:RE:RE:RE:RE:RE:RE:Capex

All true and the companies that mine it almost never make any money. Barricks share price is the same as it was 10 years ago. It's not a growth industry but a cannibalistic one where miners sink all their profits back into the ground replacing the seed corn they ate.

There's always a couple of big winners in the space but 80% go broke. It's a fun and lucrative place to speculate at the right time but there's no compelling reason to love gold and less to love gold miners for any length of time

I'll bet copper doubles in price before gold does and the world actually needs copper...

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