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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 AlwaysLong683on Mar 07, 2024 9:57am
98 Views
Post# 35920278

RE:RE:RE:Toronto Presentation

RE:RE:RE:Toronto Presentation Agree things can go wrong re. timelines, but Mr. Reid constantly compares TLG to ARTG.

ARTG has hit their timeline targets to date, construction 59% complete as the end of 2023, and are on track to pour gold before the end of the year, also as targeted, so hitting timeline targets isn't impossible. People know about forward-looking statements disclaimers. How are investors supposed to know what he means by the slide being "wrong"...? I get how it could be interpreted as "tongue and cheek", but given the delay in getting the FS right out of the gate, I wouldn't be surprised if we see more delays. In any event, that was not a time to joke around, and I suspect many paying attention in the investment community didn't find it clever or amusing.

TLG:

No FS.
11.2M indicated (total gold plus copper)
P&P reserves should be revealed when the FS is released.

ARTG:


11.7 million ounces of M&I gold resources (including reserves)
8 million ounces of P&P gold reserves
 
122.4 million ounces of M&I silver resources (including reserves)
62.3 million ounces of P&P silver reserves

Total reserves AuEq grade: 0.75 g/t

Talk is cheap. It's results that count. Mr. Reid can compare TLG to ARTG all day every day, but he's got to deliever. Ask MOZ investors about what happens when a promising claims package crosses paths with bad execution.

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