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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 Whateverrron May 09, 2024 1:52pm
104 Views
Post# 36031663

For Sure Vick

For Sure VickDifferent opinions are wellll, different, that is what makes them great to consider.

I was saying Sumi could be a partner or full take out rather early post DFS say days to 6 months+/-.  I was furthering a point that if Sumi thought TLG might be a nice fit that the bonus might be to try and acquire the SAYONA claim block that TLG sold to them.  It may not be for sale right now but if Sayona continues to struggle in the next months or a few years Sumi could buy the former 2/3 claim block of TLG for the same price as Sayona bought it or below that ( not expensive.)  Huge area TLG already vetted over to acquire, so if Sumi wanted TLG, this would be a massive increase in additional land right next to TLG mine and if successful at Regnault after a few years more of drilling they would have a super duper massive district.  Just guessing a possible nice puzzle fit ( if Sumi were game to it)

If the DFS is super sparkly there will not be time for various majors to think about it in to 2025.  They will have to step up to the plate sooner then later.  Agree....I don't care who might take out or partner up, just get the best deal with a solid candidate to optimize the mine build and move our shares.  THen we decide to hold longer or move on.


Comment by VickRoxman2on May 08, 2024 9:08pm
61 Views 
Post# 36030156

RE:Buying

I think our opinions may not be 180 degrees from each other?  I like how you present it in this post and in another post that you were pointing out it that Simu.. waiting longer for TLG to progress along and then come in and buy it.  Unless I read that incorrectly.

It looks like this Sumi may have discovered something pretty incredible and it seems they may be preoccupied with that , more than thinking about what TLG is doing.  Obviously they would and should be aware of what's going on.

So, that's my thinking that it won't be Sumi, that is making any offers in the near term.. Over say..Agnico?   

Having said this, I'm not bothered on who buys out TLG, as long as its bought out and at a market cap that would be good for all!

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