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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 crow27 on Apr 29, 2024 10:01pm

FS

Within the first 2 weeks of May. $1.25 ............... already starting the march.
Now think about this, we have Sumitomo right next door to our property and they have great high grade ore. They will need to build a mine and all the infrastruture that goes with a mine, they will also need a permited tailings pond (difficult and time consuming), power ,construction camp and the list goes on.
Now if they just pay. ............. 750 million dollars and completly buy TLG. They get 500 million in infrastructure already in place, they get a permited tailings pond ( huge bonus) and they get all our 11.2 million in reserves. And the copper.
That would pay us a instant $2.50 per share. Sumitomo is getting a steal of a deal at that price.
Most of us here are in at .40 cents so that gives us a 6 bagger real fast.
Some how some way I see Sumitomo being part of the deal, it only makes sense.
Buy more if you can folks.
Comment by Gutinstincts55 on Apr 30, 2024 9:05am
Crow, I would rather a full buyout for that amount not be the end result.  However, if it was I'd like it to be in the next 3 months max.  This way there would be enough time to move gains to other AU/CU plays early into this secular bull time period.  IMO we do much better in the 12-24 month time period with a quality major as a partner.  That is provided the up front ...more  
Comment by crow27 on Apr 30, 2024 9:26am
There are many ways a deal can be done. I think a quick hit by or with Sumitomo might be how this goes dowm. Then again if others are interested you could easily get a bidding war. The FS is just around the corner and the numbers will tell the tale. TLG has a lot going for it.
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