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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 rdy2rumbleon May 14, 2024 9:56am
134 Views
Post# 36038556

RE:Tried to tell ya.....

RE:Tried to tell ya.....
metalhead666 wrote: One of the most important things in evaluating a mining project is knowing management.....Justin is a salesman, a promoter, a BS artist. There is no team here that can pull this off. Most likely outcome is the project gets sold for dirt cheap as they fail to move it forward.  Gold mines are the WORST possible business and there is NO margin of safety here just massive dilution and years of stagnation just like Western Copper and Gold.  Source of funds...move on.

Agreed that the DRS was oversold and under delivered.. There is still some meat on the bone however.. There is still some value in the play given gold is $400-ish higher than the number being used in the DFS... Good copper kicker and decent silver numbers.. Someone will want this for the right price,, still some drills turning as well so more gold, copper etc etc etc could be found.. Not what was was touted though 
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