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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 Mar 10, 2024 8:11pm
65 Views
Post# 35925551

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Everyone On CNBC Possible but MOZ was on the ropes and it remains to be seen if TLG will be or not.  MOZ had so many cost overruns that massive dilution was inevitable. MOZ also was under construction with all the permits and a feasibility study.  The TLG FS will be out "soon" or "shortly" or "sometime this quarter" or "after weeks of alternative studies" bla bla bla  I doubt any offer is on the table but it could be and yeah, it would be another sellout to long term shareholders. 

I'd be more concerned with a BILLION $ price tag. That seems a bit shocking given they don't need a number of major items. Good luck getting that without massive dilution

If TLG had put out the FS after the holidays I'd give them the benefit of the doubt...we'd have something solid to evaluate....Now I'm not so sure how upfront they actually are. 
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