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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

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Post by Gutinstincts55 on Apr 18, 2024 7:08am

Copper

....is up 6% year over year & it's just starting a nice breakout period.  Look at the price of metals at the time of the PEA & then look at them now.  

This resource is super attractive right now.  But wait you can invest in the other drilling defined tier 1 assets out there in a prime jurisdiction with $500M pre-existing infrastructure, cash on hand, with a sub-$150M MC.  Good luck finding another!  The word used by my favorite analyst to start her Troilus write up this week "rare".  

One of the main reasons why is the recent gold bear year made obtaining cash very difficult for exploration.  That's why to daye Troilus' biggest achievement is their relentless drilling program & overall share dilution management.  

2 weeks until May!  Sooner than later we'll see how this reads as an operational mine.

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