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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

Post by crow27on Apr 29, 2024 10:01pm
178 Views
Post# 36013915

FS

FSWithin the first 2 weeks of May. $1.25 ............... already starting the march.
Now think about this, we have Sumitomo right next door to our property and they have great high grade ore. They will need to build a mine and all the infrastruture that goes with a mine, they will also need a permited tailings pond (difficult and time consuming), power ,construction camp and the list goes on.
Now if they just pay. ............. 750 million dollars and completly buy TLG. They get 500 million in infrastructure already in place, they get a permited tailings pond ( huge bonus) and they get all our 11.2 million in reserves. And the copper.
That would pay us a instant $2.50 per share. Sumitomo is getting a steal of a deal at that price.
Most of us here are in at .40 cents so that gives us a 6 bagger real fast.
Some how some way I see Sumitomo being part of the deal, it only makes sense.
Buy more if you can folks.

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