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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 9:18am
69 Views
Post# 35944600

RE:Review

RE:ReviewI've always liked her but she's a perma bull on gold so essentially useless if you want to make money trading this dysfunctional sector and market.  At $2200 gold there's no doubt that the project is econommical but that's only part of the story.

Where are they going to come up with a Billion $?

What will they have to sacrifice to get it?

How much dilution to come?

Inflation is going to come roaring back so what happens when the Billion $ price tag goes up $100 million or more

What if the market blows up under the weight of so many TRILLIONS in debt?

Look at the IAM GOLD story....they built a mine everyone wants but will probably go bankrupt with all the debt they took on.

And management....that should be self explanitory.....anyone who can't or won't communicate honestly and openly should be avoided like the plague
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