Troilus Gold Corp T.TLG

Alternate Symbol(s): CHXMF

Metals & Mining Gold Industrial Metals & Minerals

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

Troilus Gold Corp

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Post by Whateverrron May 27, 2024 8:55pm

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Post# 36059619

Woweee Always Long

Thanks for the notes. I will def have to listen to this dribble. The market has already told him they won't partake and he may have to try and build this himself ? woweee....hiorrific. Hmmm. Funny, pathetic and such hustle, he doesn't even quote the real numbers of how the stock performed in the dump of price and shares ? He has no shame, says anything in his head. Artemis, stupid comparison is gone now ? LMAO. Was assinine to begin with. Clown show.

Comment by AlwaysLong683on May 27, 2024 2:20am

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Post# 36058427

RE:crux

Thanks for the heads up Hundo.

Here's the direct link to the new Crux Interview with JR

First off, gotta give JR props for having the guts to do another interview with Crux after TLG's DFS was released.

That said:

IRR:

TLG: after-tax IRR of 14% at $1,975 Au and $4.05 Cu

JR Talked about Detour, Malarctice, etc. being similar (I guess we'll have to take him at his word on this), but didn't mention:

ARTG: after-tax IRR of 38% at $1,800 Au

SKE after-tax IRR of 43% at $1,800 Au

Initial Capex:

TLG $1B USD (sneaky)

ARTG $820M CAD

SKE $713M CAD

"We are the first FS to come out with this size and scale in the last four years."

False.

ARTG (FS done September 2021):

LOM: 20 years

P&P Reserves: 8M Au and 62.3M Ag

Average Annual Production (LOM): 438K Au and 2.4M Ag

Odd how all of a sudden, JR's no longer comparing TLG to ARTG...

Interiewer: "The day (the DFS) came out, you lost what, 25 to 30%...?"

JR: "Yeah, 10 to 11% the first day, then 10 to 11% the next."

False.

Day 1: Lost 18% on volume of 3.6M. Day 2: Lost another 24% on volume of 4.9M. (50-day average volume: 525K)

Sounds like JR is saying he won't sell the company and plans to sign a agreement with a private equity firm for the lion's share of the initial capex, which would apparently mean JR and his team would be the ones building this mining operation. If he stuck an agreement with an existing producer instead, he could get that added support and expertise during the mine build and hopefully get out of the way, which I think would be preferable as I don't think JR has ever built a mining operation as a CEO of a mining company, and given the mis-steps and less than up-front nature of his interactions with the market over the past 6 months, does not inspire much confidence re. him heading up the build.

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