Troilus Gold Corp T.TLG

Re:Alwayslong

[martin111]

Alwayslong I enjoyed your posts and you are very analytical, but I don't think this is the sector you should be in, if all your answers were met we would trading over  10X and poring our first gold bar. Maybe investing in Nestle or Loblaws is better suited for you. They are building a 800+ million dollar build, and not a house (in my neighborhood that takes 6 months of permitting and 18 months to build) IMHO the 35000 ton FS is done and they were probably approached  (I'm guessing Barrick Gold) for a FS for 50,000 ton build for a quicker pay back. 50/50 ownership plus Quebec govt financing and copper steam. I could be completely wrong but my point is waiting a few extra month for the proper study to get it right is small in the time frame when building a mine. Justin owns 6% of the shares at a cost basis of over $1.10, he's going to want a return on his efforts. I have over 2 million shares and look at this as a three year hold. I've done it with other holds like AGB, MOZ (got out at over $3) KOR, TGZ etc. Patience is the game.

[Gutinstincts55]

Nice post Martin.  A few things.... I've been in Jr resource investing for about 8 years now.  I've been in & out of so many companies I've lost count.  Almost to a company timelines are rarely met.  Some do a better job at communicating the reason behind the delays than other do.  I don't for a minute believe the institutions have material information

[AlwaysLong683]

martin,    I agree patience is the game. Thus, I like to look before I leap, and I think the sweet spot to make an investment decision on TLG is at some point during the home stretch of the financing / contracting / permitting process, then selling around first pour. That way, you can see how management is doing re. moving the project forward before deciding whether or not to buy

[metalhead666]

Spot on.