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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 21, 2024 6:42am
71 Views
Post# 35944357

RE:RE:Gold Going Up

RE:RE:Gold Going UpBest outcome would be a sale of the project at a decent premium. Justin the serial non delivering BS artist will never build this.  Impossible that they could raise a $Billion for anything close to 10% interest or deals that sell off future production, copper or the seed corn.  Go study up on IAM gold...they're likely to go bankrupt even as they turn on a new mine because of massive debt and obligations...they'll have to sell Cote and then they'll have nothing.  

If you don't go into a mine build with massive capital behind you....like Artemis did....you'll drown 

TLG will get bought out....just a question of what kind of premium to the current price it fetches
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