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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 Gutinstincts55on Mar 10, 2024 10:14pm
69 Views
Post# 35925631

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 I find it unlikely, especially considering the makup of  the shareholders here.  However it does put into perspective the downside risk.  That would be what, a 45% gain from the current price?  That's the realistic disappointment case for the stock.  In the unlikely event it did happen it would be pretty soon.  That should give investors time to reposition within the sector.  Aside from 1 or 2 days recently the volume just does not support anything nefarious going on at this time. I think the locked in stock price has more to do with the community of people who buy and sell. We're selling back & forth to each other & not new blood.  This is especially true in the United States, where there have been many days that my transaction was the only one for the day.  The entire sector is still not favorable, and this story is completely unknown to almost everybody. Look at Twitter posts made by the company. You may get 3,4,5 likes.  At PDAC there were complaints about the absolute lack of retail investors visiting individual company booths.  Nothing would shock me, but IMO we're good here.   
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