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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 21, 2024 7:48pm
110 Views
Post# 35946096

RE:RE:RE:RE:RE:RE:Gold Going Up

RE:RE:RE:RE:RE:RE:Gold Going UpNo one here knows what 1/2 the project will cost a willing partner to get in.  Until we know that & the total CAPEX we can't even begin to know what additional financing is going to be necessary to get to putting a shovel in the ground.  If this is being driven by a potential partner, which I don't know but seems VERY possible we could have a JV announcement not too far after the DFS.  This next statement is not directed at all to you.  Many people on these boards are seriously underestimating JR's abilities, connections & vision for this project.  In the end IMHO most will understand how he worked this project from a design & timing perspective about as perfectly as it could have been done.  Every delay to date has made sense to me after the fact.  This one I'm expecting will be no different.   If you want to ding him then maybe not trying to get more cash instead of shares from Sayona could be considered a definite miss.  Because of it we had to eat one bad raise.  Not catastrophic, but maybe that could have gone differently.   We've got permitting under control, de-watering happening, local & indigenous populations in support of the project, cash for now.  Waiting stinks.  I'm as impatient a human as there is when I want something.  But we have something very nice here.  As Rick Rule just said in a recent interview, "If you have a play that you've done your homework on, you know it's undervalued & you get bombarded by negative responses on social media about it, you're probably in the right play."
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