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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 29, 2024 7:23pm
134 Views
Post# 36063348

12 or 13 or 15 Million

12 or 13 or 15 MillionSo supposedly based on varying amounts of money quoted by this CEO at different time frams a LARGE cash infusion is supposed to come from the govt right ? 12, 13 or 15 Million $$$ ??  How long does that last?  Will he sell off copper or silver or some other product to raise cash to run this company plus massive salaries and team for years to come ? or just dilute again like they had to when the Sayona stock cratered and TLG lost $20m++ in market value from initial agreement.  Coin flip on so much here now, anything could happen.  
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