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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 templetooth2on May 24, 2024 8:39pm
187 Views
Post# 36056888

Greener Pastures

Greener PasturesFor those looking to move on, I believe you could do far worse than getting into Skeena when they announce their project financing in the next month or two. 

With a legitimate company like Artemis now trading at a market cap well over C$2 Billion, it shows there is an appetite for good stories. Skeena has a few warts, but at C$650 million or so, and about to raise (my estimate) C$200 million in new equity, the stars are beginning to align. Wait for the new issue, but in my opinion you have a FAR BETTER chance of tripling your money on SKE than waiting for this busted story to get to $1.20.

I cannot imagine a scenario where Troilus is worth $1.20. If you can, good luck to you.

Happy Memorial Day!
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