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.

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Troilus Gold Corp > Zurigo

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Comment by Whateverrron May 30, 2024 6:53pm

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Post# 36065411

RE:RE:RE:Zurigo

Yup, never since 2002 in the gold sector have i seen this level of BS and hustle by a person in mangement. Many of us think very similar to below. This guy is so full of it. He could careless about retail, not even sure why he blew it up to be so amazing, all the excuses, delays, nothing like he said it would be. It did not achieve anything for him. It was just the ultimate gaslight of retail. GUT- it is better you stay out, I am out in due time but USA volume is nothing so it will take a while and unlikely to drop much more. Permits by 2026 or later? production by 2030 or later ? project nowhere near what he said it was and him still involved? HELL NO. I am just busy and active looking at all sorts of other interesting plays found by myself or mentioned by others here, etc.

Gutinstincts55 wrote: Painted ourselves? No ..... hardly. I sold 80% of my shares the day the DFS was released & the balance the next day. It was an easy decision. It was not because I drew up some pie in the sky scenario in my own mind. It was because JR spoke flat out mistruths (charitable language) to us. That is proven.

- 2-3 yrs ROI ..... actual 5.7

- Delays, drilling higher grade X22 & SW areas was stated to improve grade early on & change a good economic FS into a great one. The reality it turns out was if he released into lower metal's pricing without the extra resource the economic's of the report would have been a catastrophe. That was improved to make it now a WRN like play where you have to wait until physical prices move well up from here to justify the CAPEX for this low grade resource.

So my opinion of JR & the resource itself has changed. From current valuation I think this is now a safe bet to someday pay off for investors. When? How much pain through financing? I'm not willing to find that out. Had the FS met my very realistic expectations based on information provided, I would have liked to have seen this through. But not with this grade deposit & the potential pain/time needed to get this mine operational.

JR recently said he could have done a better job informing retail. I don't for a second believe that's a thought he cares about. He's known he's had lemons for his grade & it would be tough to justify the CAPEX for it. So he spun things to seem they were better than actual. After FS retail left but it's a non-issue for him. So let the Institutionals carry the stock. I considered maybe buying some back, but then decided no. Trust is big with me. I defended the company & this guy for a long time. No more. There are better resource investment options out there. That's where I am now.

I never look back....that is unless I'm called out on a crappy stockboard.