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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 > Okey Dokey
View:
Post by Whateverrr on May 15, 2024 10:23pm

Okey Dokey

If Gwen Preston did not mention any chance that the DFS was not going to be glowing, even if a small chance then why would anything she says now about the project be actionable.  IF they were both single when she did that interview months ago, I felt like they would fly to Vegas to elope, everyone was so giddy and high on this supposed DFS, her echoing like she was reading the TLG PP off a teleprompter.

Rick Rule, Sprott or whomever....They are not going to talk their book as amazing until they are in with the stock.  They would tell you after their TLG position.  Same with selling....They'll tell things don't look good at ABC Mining after they have exited.  Not surprised no one of merit has spoken up one way or the other.


Comment by Gutinstincts55on May 15, 2024 10:04pm
12 Views 
Post# 36042483

RE:Is the blood shed over?

Vick & Crow ... I'm glad I dumped 80% during mid-day yesterday.  Like Crow I came out with a gain.  I gave JR more benefit of the doubt than most.  That level of trust is broken now.  To a point it is he job as CEO to put a best face on all situations.  However two things he cannot overcome with me.  The first is saying all along a 2-3 year payback & then come out with 5.7 years on the DFS.   The second is giving the reason for putting off the PFS, then delaying the DFS as we need to drill out these high grade zones to turn the project from good economically to great.  What he knew behind the curtain & reality was, the economics of this project currently don't work & we need this higher grade just to get it to be a mediocre & marginal project.  So that's where we are at.  I'm not sure what I do with the balance of my shares.  I may hold to see if there is a bounce.  I'll probably wait to read Gwen Preston's report on the project in her next newsletter, as well as look to see if others chime in.   Three telling things.  Two before - no run up before the report & Sayona bailing.  One after - No Rick Rule or other notable jumping in and saying hold on, this is being misread by the masses.  


No it is what it is.  They'll drill more in hopes of better grade. If physical AU price rockets then chances improve.  But those 5-10x thoughts in 12-18 months .... see ya!  

There are plenty of other great plays out there.  I didn't lose anything.  Most other plays have not run, so repositioning is possible.   I'm about there.  Good luck.  This one fizzled....on to others.

Comment by Gutinstincts55 on May 16, 2024 7:54am
No words by anyone are actionable for me when it comes to making hold or sell decisions.  Reading the opinions of others that are knowledgeable is always a good idea, even if you don't agree with their conclusions. 
Comment by crow27 on May 16, 2024 9:05am
TLG may go up or down and probably all around. For myself it is hard to own a stock when I don't trust the person running the show.  You just never know where you stand so to me it does not matter even if the stock is going up .......................... it's just not for me. Good luck to all that hang in there.