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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 Hundo2022on Mar 28, 2024 8:59pm
63 Views
Post# 35959516

RE:RE:RE:RE:All I know

RE:RE:RE:RE:All I knowThese are Juniors , they don't always correlate to Gold moves. Gold moves generally hit Major producers first then trickle down. 

I am sure other Juniors went up. Which is fine. But its speculative. The delay obv didnt do us any favors. However, a negative day 1 percent is hardly ringing alarm bells. This stock has moved 100% to -80% previously in the past. depending on entry.

Though i do hold a significant amount exposure to this stock.. I also hold Majors ( indirectly through etfs) 

All depends on your investment strategy. If you are Yoloing into Jrs like this. Expect things not to go your way. And if you are swayed by negative moves of 1 percent than maybe this sector shouldnt be part of your portfolio to begin with, 

My humble opinon. Cheers , best of luck to all 
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