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Bullboard - Stock Discussion Forum 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... see more

TSX:TLG - Post Discussion

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Post by Gutinstincts55 on Sep 07, 2023 7:29am

Chill

Anyone invested long here should take a deep breath & chill.  I think if you give it the rest of '23 you will have a much better feeling on where Troilus is & heading.  Today's intercepts were more phenomenal results.  Resource report, DFS, permitting advancements all will change everyone's feeling on the project.  I think the company is in a great place. I've increased my large position by 25% over the past few weeks.  SP has been a sector problem, not a Troilus specific issue.   Following Rick Rule's theory ... if you liked the stock at double the share price, why would you not be adding when it's on sale?  Good luck to all.
Comment by VickRoxman2 on Sep 07, 2023 10:57am
It's nice to have a little balance of opinion on the board Gutinstinks.  The news this morning does give some confidence that they will deliver this updated resource...finally!   Long over due for all. I'm not sure of Rick Rule anymore?   He's obviously a very smart man and has worked hard to get where he is.   However if you are making a huge salary ...more  
Comment by Gutinstincts55 on Sep 07, 2023 12:28pm
I would think if you look at the reasoning behind the delays, they have been in the best long term interest of the project. I had to sell other plays to add here.  I do not have an infinite amount of cash as a retail investor, just like yourself.  I'm not going off the path here other than to say Rick Rule's career & history speaks for itself.  The one place where we may ...more  
Comment by VickRoxman2 on Sep 07, 2023 5:12pm
If you are right in your predictions Gut, I'll be a very happy shareholder :) My biggest problem hasn't been why they delayed....Its the complete lack of and poor communication.  No transparency and almost lying?  How does one say a resource is coming out in a couple weeks, completely change in 3 weeks? And repeat that a few times.  They lost a lot of trust with the market ...more  
Comment by pepperino on Sep 07, 2023 6:49pm
I like what Vick and Gut have to say.  My number one concern is the lack of insiders buying at these levels.   It makes me concerned that dilution is the model to bring the mining to production.   With that said, I'm hanging a lot on the MRE coming out in 'weeks'.  
Comment by Gutinstincts55 on Sep 08, 2023 1:03pm
It's possible they fund it themselves. With no knowledge of future facts, I'd doubt it.  A more likely route is selling all or part to a major, or other unknown M&A.  Does Troilus want to be operationally running the mine or are they getting the project to a certain point in permitting & sell?  It's just opinion based, but I don't see them going it alone ...more  
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