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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 Feb 01, 2024 2:40pm
48 Views
Post# 35857749

RE:RE:RE:RE:RE: I'll Likely Make A Big One-Time Purchase Of TLG Shares....

RE:RE:RE:RE:RE: I'll Likely Make A Big One-Time Purchase Of TLG Shares....It is all about probabilities. I think it's highly probable that the FED will resume QE this year to "save" the system...that will be rocket fuel for gold.  I think it's highly probable that the "market" tanks and both rates and inflation tumble. The most compelling reason for me to hold TLG is the absurdly low market cap relative to future NPV.  11 million ounces in the ground priced at $15 per ounce?  It's a simple project supported by the government with no complicated permitting or construction. The stock will move in anticipation. On a good feasibility study it should get re-rated to peers which at .40% of NPV is at least a double from here so the risk reward remains compelling.  And the takeover potential...big mine with a long life with a copper kicker is highly prized 
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