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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 anon3on May 14, 2024 1:53pm
140 Views
Post# 36039241

JR lost all credibility

JR lost all credibility TLG won't even come close to being a ARTG.2 in the next 18 months.  
The numbers just don't match the hype JR the used car salesman was hinting and throwing around.....no wonder it was delayed.
Must admit should have went with my gut feelings I had about JR.
Well can only hope Sumi comes along and puts in an offer with a decent premium....put JR\TLG out to pasture and on the avoid list.
Sumi is the only logical buyer at $1.4 billion TLG\CAPEX plus any $ needed to develop Regnault. Capex would be even more for them if they develop Regnault on its own plus time.
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