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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

Troilus Gold Corp > Now, TLG is right nest to the NORTHERN PART
View:
Post by Potadvisor1 on Apr 09, 2024 10:33am

Now, TLG is right nest to the NORTHERN PART

of this SUMITOMO FANTASTIC GRADE AND INTERCEPTS. CAN YOU SAY A PARTERSHIP WITH 
SUMITOMO IS HIGHLY LIKELY.

https://stockhouse.com/news/press-releases/2024/04/09/kenorland-minerals-reports-completion-of-winter-drilling-at-the-frotet-project
Comment by anon3 on Apr 09, 2024 12:50pm
Reading this NR it would make sense for Sumitomo to partner with TLG....the power line that goes to the past producing Troilus mine crosses Renault property. If TLG is limited by the capacity of this line for the size of the mill....there is no chance it would the one Sumitomo could use for their mill. Partner with TLG and build one monster mine.
Comment by AlwaysLong683 on Apr 09, 2024 1:34pm
Agree Sumitomo seems to be the logical JV partner, but as they say, the devil is in the details. TLG will try to get the best terms it can for its shareholders, but so will Sumitomo (or whatever company becomes TLG's partner). Personally, I prefer the company to own 100% of the project - much easier to sell if that is eventual the endgame after production starts, management in full control as ...more  
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