Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 10, 2024 3:11am
86 Views
Post# 35924964

RE:RE:RE:RE:RE:RE:RE:RE:Everyone On CNBC

RE:RE:RE:RE:RE:RE:RE:RE:Everyone On CNBC
What some may not be noticing is gold has already reached a new all-time high this past week and curently sits at $2,186, and producing gold miners have come along for the ride. Since the end of February, gold mining companies currenly producing and selling ounces like ABX, NGT, AEM, AGI, etc. are up significantly. A rising gold price can lift all boats, but the difference is companies currently selling ounces start making more money / profit right away and can take advantage of the higher buliion prices whereas companies like TLG which in all likelihood won't produce an ounce gold until sometime in 2026 cannot. Non-producers like TLG can move a lot higher a lot quicker, but are usually influenced more by how they are progressing toward production and yes, a knockou FS, than they are by the gold price as no one knows what the price of gold will be 2 to 3 years from now.
 
As far as "missing out" - anybody who believes it's a lock that TLG's share price will surge by 10%+ when the FS is released and maintain those gains going forward is engaging in pure speculation. Not saying all who post on this BB are claiming this (e.g. not Gut or MH), but it appears some are at least heavily implying it, just like some in here where saying the initial capex on this project won't be any higher than $600M - $700M because of "...all that existing infrastructure".  
 
<< Previous
Bullboard Posts
Next >>