RE:Bottom line...What is TLG worth? This is a well thought out post. Comparing it to other plays during different time periods is of little value. This will likely be the first 10+M oz deposit in an A1 jurisdiction being looked at by majors at a time when AU physical prices are north of $2,100 USD.....possibly well north of it. So there's no way to put a finger on where the price will end up. That only factors in it's real valuation. We have all seen examples of the young retail crown jumping into a hot stock & sending it well beyond its true value (See MicroCloud Hologram's chart over the past week, Up 14x in a week with no fundementals to support such a move). So we can't predict a final outcome. I've pegged it at $2.50 - $4 USD & that's what I'll wait for.
one ither thing. Timelines & delays....Troilus is not the first Jr ti completely miss target dates. All I care about are the reasons why & the results from the delays. Drilling out X-22 has become a great economic advantage for the project. The delayed resource report exceeded most expectations, so I'll take it. They get one chance at releasing the FS, so let them dot all the Is & cross all the Ts. I think some of the delay is also strategic. The longer they drag their feet the closer we are to an AU physical run. Partnering should come into play when Gold is the new hot investment tooic again. I'm more than cool with waiting for that.