Troilus Gold Corp T.TLG

A tremendous endorsement from Gwen Preston

[Gutinstincts55]

From 3:25 of the attached video on.....

"is there a 10x in Troilus?.......I think that's reasonable & that's in the current market set up"

The above meaning as the macro improves, so should the multiples.

https://stockhouse.com/news/newswire/2024/02/12/resource-maven-shares-strategies-and-what-to-expect-from-gold-2024

[Gutinstincts55]

Her full quote...... On the large asset development project front, Troilus (TSX:TLG); TLG is the ticker. I mention Troilus because, am I a little early on it? Perhaps, but they are entering a year now where over the next year they’re about to put out a feasibility study that’s gonna show that their mine is big, like really big. The costs are gonna come down because of the way

[metalhead666]

Nice!  I like Gwen. One of her requirements is "a clear pathway to production"....so many explorers and drillers and mine wannabes never have a clear path. Artemis is a texbook study on how to do it right and TLG is following in their footsteps.  And yeah, it's going to be BIG

[crow27]

There is always someone with a smile on their face buying those nervous nellie shares on the cheap. Obviously Justin is crunching numbers to suit the JV partner. This may take a while so just keep buying shares on the cheap. Those cheap .35 cent shares only need to go to $3.50 for that 10 bagger.

[Gutinstincts55]

Yes Crow, I agree.  In rough numbers $3.33 per share is what a $1B USD marketcap would be.  I think that's a reasonable floor for where this is heading.  I've said all along my sell range is $2.50-4.00.  I think that could be shifted up a bit to $3.33-$5.00.  It would take a lot to get into the higher end, but hey you never know.  Show me near $2,500 gold &

[metalhead666]

I bet TLG has an NAV of $2 Billion. A 50% market cap is $1 Billion. Even if they issued a mountain of new shares bringing the total to 500 million that's a $2 stock.  Under a $2500 gold and $4 copper scenario then $3 to $4 is certainly doable. Regardless, it's a multi bagger from here. 

[crow27]

Pretty hard to get a stunning endorsement like G Preston and not get some action $$$. Anyone watching this would be buying shares as even if you get a 1 bagger in a year you are doing fantastic. We should have some action today $$$$. Justin is working hard and crunching those numbers for the JV.

[Gutinstincts55]

I have another investment friend interested.  He will open a position next week.  That makes a total of five from my group.  Still a low percentage, but it's another smart guy that looked it over & had the lightbulb go off that this is a steal @ current SP.

[AlwaysLong683]

Pretty good arguments by Gwen Preston, and I know others on this BB have made similar ones. My background is in business, not geology or mining, but I can read financial statements and have studied microcap mining companies from exploration stage to production (including those that have either failed, faced delays, or remain in limbo as well as those that have succeeded). So with that, here are my

[AlwaysLong683]

Correction: Inflation was indeed an issue when ARTG was signing agreements on financing and contracting re. Blackwater, yet the company was still able to cut deals that enabled them to stay on course despite that environment.