Troilus Gold Corp T.TLG

Going a lot higher....

[metalhead666]

Could be some buyers sniffing around.  All the good projects are getting some serious bids.  Whoot!

[crow27]

Now you know why it was a buy, buy, buy in the .30 cent range. With gold going higher and higher and our feasibility study just around the corner TLG could really make a hard run north. Why people were selling at .32 cents last week is beyond me??? Anyway, it is still a steal of a deal at these still very low prices. This is a easy 10 bagger folks.

[metalhead666]

I think so.  Highly levered to the POG they'll have to update the feasibility sensitivity table before the 1st one is even out! lol   A 10x is not an unrealistic target. 

[metalhead666]

I think with the release of the feasibility study in a couple of weeks you should see 30% of NPV or $1.10 ish....with financing 50% of NPV or $1.60 ish and by commercial production $3 or better. Cheapest project I know of. 

[crow27]

Not to sure we see the feasibility study in 2 weeks, I'm thinking Jan or early Feb. Either way it is very soon in the big picture and it just lets gold climb a bit higher before the release. You have to laugh when some on this board are not sure if this will be a mine? This is a 100% mine and with the price of gold going higher and higher the payback of any loan will be very quick, maybe less

[Gutinstincts55]

Hey Crow.....DFS will be completed in late Dec.  But because of the slow season around Christmas JR has said it will not be released until early Jan.  The timing honestly could end up being perfect.  Based on the USD, gold's highest ever monthly close is $2,009.  Right now it's $2,035, so unless there is an epic drop in the next few hours that key chart record will be

[metalhead666]

By a few weeks I meant early Jan as the boss indicated several times recently. It's going to be a major catalyst and we'll see a major re-rating higher on it