Troilus Gold Corp T.TLG

What’s new?

[Gutinstincts55]

What did we actually learn from the PR?  Most of us knew the DFS was delayed & related to the trade off studies.  We also knew the decision has been made to go bigger.  What we don't know is what was the genesis of the changes?  Some including myself believe the bigger the output plan the more likely there is already a heavy involvement from a major requesting the FS look this way before formally entering into a JV.  The other possibility is there's no one completely on the hook but JR knows with gold at a record & going well higher a bigger CAPEX becomes less of a concern & yearly throughout as high as possible is what's wanted.  Another interesting line of the PR is the mention of Copper.  This is the first I've seen where copper becomes a priority in the early years.  Another requesr from a major?  Maybe a request from the Quebec government?  There is a lot we do not know.  To just say the delay is a negative without knowing what is going on behind the curtain is nothing more than a guess.  Adding another $3M to the treasury is never a bad thing either.  The delays to the FS release have been often, long, and wears on you....yes even me.  But I look at the new resource, back at the PEA & see something a major is going to want to be a part of.  The arguement here really is about how much the mine is worth going into production & not if it's going into production.  That's the calculation I've made & why I sleep well.  To me it's not if, but how much.

[Potadvisor1]

Exactly Gutinstincts, GREAT POST. You caught in the release what most here DIDN'T. Over their heads about 10 thousand ft. LOL We will have a better idea as to approximately how much, after the FS is out. 

[martin111]

Thanks Gutinstincts, exactly my sentiments as well and my interpretation of the news release. Investors don't have an attention span past the next weekend either and this is why they fail in investing in juniors. They are building a multigenerational mine, and need to get it right. The big focus mining optimization (dictated by partners ) and speed  of payback . All of this while

[Hundo22]

@GUS  Copper is critical to the projects development. If you look through policy files in quebec regarding critical metals (including on a federal level). More specifically Plan Nord. Copper is what legitimizes investment from all the quebec firms . Ie investissment quebec. Troilus is listed as one of their projects due to the presence of Copper. Gold is classified under generalist metals

[Gutinstincts55]

Thanks & that makes sense.  It's just the first time I've seen the copper component being pushed forward to the earlier years of production.