Bullboard - Stock Discussion Forum Troilus Gold Corp T.TLG

Alternate Symbol(s): CHXMF

Metals & Mining 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... see more

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Troilus Gold Corp > question ... why First Quantum sold this mine such cheap?

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Post by kkkrrr on Jan 23, 2023 12:44pm

question ... why First Quantum sold this mine such cheap?

...Toilus bught this mine for 300000USD in 2017 + 2,5% NSR from First Quantum

..First Quantum bought out Inmet Mining in 2012 ... and aquired this mine as a non-core-asset ...

but why FQ sold it for only 300000$?

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Comment by kkkrrr on Jan 23, 2023 12:48pm

this looks to good to be true.. 130mio$ marketcap .. appr. 50 million $ in Cash (and the 185 million shares of Sayona are on the rise currently.. +good drill results +good PEA ..were is the miskake here?

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Comment by alvarez2 on Jan 23, 2023 1:24pm

Why could you buy Ivanhoe Mines back in 2016 for under .60c with a 400M marketcap when the writing was on the wall for what it could be worth? Sentiment and value don't always go hand in hand, but when you find distortions in the market like this......you pounce on it. Sentiment is changing for the upside btw. Load up.

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Troilus Gold Corp